Archive · 8 Jan 2026
Gold and Silver Prices Drop Globally
Gold and silver prices went down on Thursday because people were selling their gold and silver to make a profit.
The US dollar got stronger, and the interest rates on US bonds went up, which made gold and silver more expensive for people in other countries.
This made people less interested in buying gold and silver.
In India, gold prices also went down a lot, and silver prices went down even more.
Experts are watching to see what happens next.
People are waiting to see what happens with the US dollar and bond yields to see if gold and silver prices will go up or down.
Gold prices dropped in the domestic futures market on Thursday due to profit-taking and a rise in the US dollar and bond yields.
MCX gold February futures were down 1.15% at ₹136,443 per 10 grams, while MCX silver March futures were down 5.37% at ₹237,800 per kg.
Globally, gold prices fell by 1% to $4,407 per troy ounce, and silver prices fell as much as 4.5% to $74.47 per ounce.
A stronger dollar makes gold and silver more expensive for overseas buyers, and higher bond yields increase the opportunity cost of holding these metals.
Analysts warn of further volatility in silver prices and suggest that gold prices could accelerate momentum toward ₹1,40,000–₹1,42,000 if they break out above ₹1,38,000.
- Who
- Investors and traders in the gold and silver markets
- What
- Gold and silver prices dropped due to profit-taking and a rise in the US dollar and bond yields
- When
- On Thursday, January 8, 2026
- Where
- Global markets, with a focus on the US and domestic futures market
- Why
- Profit booking amid a rise in the US dollar and bond yields, making gold and silver more expensive for overseas buyers and increasing the opportunity cost of holding these metals
- MCX Gold Futures
- ₹136,443 per 10 grams
- MCX Silver Futures
- ₹237,800 per kg
- Spot Gold Price
- $4,407 per troy ounce
- Spot Silver Price
- $74.47 per ounce
- Dollar Index
- 98.7
- 10-Year US Treasury Yield
- Rebounded from a one-week low
- Gold Futures Drop
- ₹1,566 per 10 grams in the previous session
- Silver Futures Drop
- ₹12,805 per kilogram in the previous session
Sources
Gold falls more than 1% as investors lock in profits
Dow Jones slides nearly 500 points after Trump remarks, mixed economic data
Gold Rate Today (January 8, 2026): Check Prices Across Cities in Mumbai, Delhi, Chennai and Other Cities
Gold price today: Rates drop on profit booking amid rise in dollar, bond yields; experts highlight key levels to watch
Gold edges down on firm dollar as investors await key jobs data
Metals under pressure as Bloomberg Commodity Index rebalancing unfolds
HSBC flags silver as fundamentally overvalued, warns volatility to continue in 2026
Silver tumbles Rs 12,500 from record high, gold slips Rs 900 amid global profit-booking - Telegraph India
Gold rates today: MCX gold falls ₹1,560 per 10g, silver plunges ₹12,800 per kg as decline continues for second day
Silver crashes ₹12,500 to ₹2.43 lakh/kg; gold declines ₹900
Trade Setup for January 9: Nifty may remain under pressure unless it moves back above 26,000
Rupee ends 3 paise lower at 89.90 against US dollar
