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Gold and silver trade lower after US strikes in Iran trigger market volatility
Updated On: 26 May, 2026 11:59 AM IST | Mumbai | mid-day online correspondent
Gold stayed above Rs 1.58 lakh but remained under pressure, while silver saw sharper losses at about 2 per cent. Crude oil, however, surged as fears of supply disruption increased
MCX gold and silver under pressure as traders react to global geopolitical risk. Representational Image
Gold and silver prices fell on Tuesday, dropping up to nearly 2 per cent, after the US military carried out fresh strikes in southern Iran targeting missile sites and boats allegedly trying to lay mines, reported IANS.
Despite the geopolitical tension, precious metals came under selling pressure rather than gaining safe-haven demand.
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