Last Updated on September 16, 2026 12:17 am by INDIAN AWAAZ
AMN/ WEB DESK
In the Indian bullion market today, 24 carat gold was 0.7 per cent down at 1,50,902 rupees per 10 grams. Silver dipped marginally to 2,28,741 rupees per kilogram.
Gold, silver prices decline as firm dollar, US yields weigh on bullion
Gold and silver prices remained under pressure in Indian markets on Tuesday, September 15, as a stronger US dollar and rising Treasury yields reduced the appeal of non-yielding precious metals. Investors also remained cautious ahead of the US Federal Reserve’s policy decision, with markets expecting a 25-basis-point rate hike.
On the Multi Commodity Exchange (MCX), October gold futures fell 0.33% to Rs 1,50,736 per 10 grams, after moving between an intraday low of Rs 1,50,650 and a high of Rs 1,51,553. December silver futures declined 0.64% to Rs 2,31,202 per kg, with the contract trading in a range of Rs 2,30,816-Rs 2,32,546.
The weakness followed a sharper decline in bullion prices during the previous session, when MCX gold and silver fell as much as 2% amid growing expectations of tighter US monetary policy.
Internationally, spot gold slipped around 0.1% to $4,293.29 an ounce, while US gold futures declined 0.4% to $4,332.80. Analysts attributed the pressure largely to higher US Treasury yields and a firmer dollar.
The rise in crude oil prices has also complicated the outlook. Brent crude remained above $107 a barrel, raising concerns that energy-driven inflation could encourage the Federal Reserve to maintain a tighter policy stance.