Archive · 28 Jul 2026
Gold, Silver Prices Rise on MCX
Gold and silver prices went up on Monday morning because the US dollar and oil prices dropped.
This happened because the US and Iran stopped fighting for a little while.
People think this might mean the fighting could end soon, which would be good for the price of oil.
But the fighting could start again, so we don't know for sure yet.
Gold and silver prices rose on the MCX on Monday morning.
The US dollar index dropped more than 0.30%, making precious metals more affordable.
Oil prices plunged 5% after a pause in hostilities between the US and Iran.
A sustained decline in oil prices is only possible after a final resolution of the Middle East conflict.
The pause in military strikes has raised hopes for a resolution that could ease tensions in the region.
- Who
- Investors and traders in the precious metals market
- What
- Gold and silver prices rose on the MCX
- When
- Monday, 27 July
- Where
- Domestic futures market (MCX)
- Why
- Due to a decline in the US dollar and crude oil prices following a pause in hostilities between the US and Iran
Market Optimism
Geopolitical Uncertainty
Market Reaction to Geopolitical Events
Market Optimism
The pause in hostilities between the US and Iran has raised hopes for a resolution, leading to a rise in gold and silver prices.
Geopolitical Uncertainty
The conflict between the US and Iran remains unresolved, and a sustained decline in oil prices is only possible after a final resolution.
- Gold Price
- ₹1,43,784 per 10 grams
- Silver Price
- ₹224,550 per kg
- Dollar Index Drop
- More than 0.30%
- Oil Price Drop
- 5%
- Date
- 27 July
- Gold Price in Delhi (24K)
- ₹14,586 per gram
- Gold Price in Delhi (22K)
- ₹13,370 per gram
- Gold Price in Delhi (18K)
- ₹10,939 per gram
Sources
Gold, Silver Rise in Futures Trade
Gold, Silver Prices Jump Up To 1% As Weaker Dollar Boosts Bullion
Gold, silver prices rise up to 1% on MCX as dollar, crude oil prices drop; US Fed policy decision in focus
Gold Futures Rise To ₹1.44 Lakh Per 10 Grams On Weak US Dollar Ahead Of Fed Policy Decision
Gold, silver rally on softer oil and weaker dollar
Gold Rate Today (July 27, 2026): Gold Prices Rise; Check 24K, 22K, 18K Prices In Delhi, Mumbai, Kolkata, Chennai, Lucknow And Other Major Cities
