Archive · 18 Jul 2026
Gold and Silver Prices Fall Amid Geopolitical Tensions
Gold and silver prices fell on Friday because of worries about conflicts in the Middle East and a stronger US dollar.
Even though some good news about US inflation came out, it wasn't enough to make people feel better about buying gold and silver.
The prices of gold and silver went down in India and around the world.
Experts say that if gold prices go below a certain level, they might keep falling.
The conflicts in the Middle East are making people nervous, and this is making the US dollar stronger, which makes gold more expensive for people in other countries.
Analysts are watching to see if prices will go up or down more in the coming days.
Gold and silver prices declined sharply on Friday due to geopolitical tensions and a stronger US dollar.
MCX gold hovered around ₹1.41 lakh per 10 grams, while MCX silver traded below ₹2.20 lakh per kg.
Spot gold dropped nearly 1% to around $4,030 an ounce, and spot silver declined over 1.1% to trade just above $57 an ounce.
Softer US inflation data offered some support to precious metals but was not enough to offset concerns about geopolitical tensions.
Renewed military actions in the Middle East raised concerns over fresh instability, overshadowing hopes of a sustained de-escalation.
- Who
- Global investors and market analysts
- What
- Decline in gold and silver prices due to geopolitical tensions and a stronger US dollar
- When
- Friday
- Where
- Global bullion markets, including MCX in India
- Why
- Renewed geopolitical tensions in the Middle East and a stronger US dollar weighed on investor sentiment, despite softer US inflation data.
Market Analysts
Geopolitical Experts
Impact of Geopolitical Tensions
Market Analysts
Market analysts focus on the immediate impact of geopolitical tensions on gold and silver prices, highlighting the pressure on bullion markets.
Geopolitical Experts
Geopolitical experts emphasize the long-term implications of renewed military actions and the potential for further instability in the region.
- MCX Gold Price
- ₹1.41 lakh per 10 grams
- MCX Silver Price
- Below ₹2.20 lakh per kg
- Spot Gold Price
- $4,030 per ounce
- Spot Silver Price
- $57 per ounce
- MCX Gold Support Level
- ₹1,39,300-₹1,38,700
- MCX Gold Resistance Level
- ₹1,40,700-₹1,41,000, ₹1,42,000-₹1,42,700
- MCX Silver Support Level
- ₹2,15,000-₹2,14,000, ₹2,11,000-₹2,10,000
- MCX Silver Resistance Level
- ₹2,17,000-₹2,18,000, ₹2,20,000-₹2,21,000
- COMEX Gold Support Level
- $3,920-$3,900
- COMEX Gold Resistance Level
- $4,050-$4,070, $4,120-$4,150
- COMEX Silver Support Level
- $55-$54.50, $53
- COMEX Silver Resistance Level
- $56.50-$57, $59
