Home / Business / Business News / Article / Gold rises to Rs 1.58 lakh, silver slips below Rs 2.72 lakh amid global volatility

Gold rises to Rs 1.58 lakh, silver slips below Rs 2.72 lakh amid global volatility

Updated On: 18 May, 2026 01:06 PM IST | Mumbai | mid-day online correspondent

While gold saw mild gains on MCX, silver remained under pressure due to weaker global demand outlook and revised forecasts on Monday

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Safe-haven demand lifts gold briefly, but gains capped by strong US yields. Representational Image

Safe-haven demand lifts gold briefly, but gains capped by strong US yields. Representational Image

Gold and silver remained volatile, moving in opposite directions as global investors balanced safe-haven demand amid geopolitical tensions. Gold edged higher during trade, silver remained under pressure and slipped lower.

Gold sees sharp intraday swings on MCX

Gold futures on the Multi Commodity Exchange (MCX) were trading at Rs 1,58,697 per 10 grams in early trade on Monday, up Rs 150 or 0.09 per cent, reported IANS.

During the session, gold touched an intraday high of Rs 1,58,884 and a low of Rs 1,57,547, showing strong volatility throughout the day.

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