Archive · 27 Jun 2025
Gold Prices Fall on Strong Dollar, Easing Middle East Tension
Gold prices went down on Friday because of some news and the US dollar's strength.
On a trading platform called MCX, gold's price decreased.
Globally, gold also became cheaper.
This happened because of less worry about problems in the Middle East and because the US dollar got stronger.
Experts are watching for new information about the US economy to see if the price will change more.
MCX gold opened lower on Friday, tracking international declines.
MCX gold August futures fell 0.85% to ₹96,261 per 10 grams.
Spot gold fell 0.4% to $3,313.23 per ounce.
The US dollar rose, making gold more expensive for some buyers.
Easing Israel-Iran tensions and US economic data are influencing prices.
- Who
- Market participants and analysts like Jigar Trivedi.
- What
- Gold and silver prices declined on the MCX and in international markets.
- When
- Friday, June 28th
- Where
- MCX and international bullion markets
- Why
- Due to a stronger US dollar, easing Middle East tensions, and anticipation of US economic data.
- MCX Gold August Futures Open
- ₹96,261 per 10 grams
- MCX Silver July Futures Open
- ₹1,06,629 per kg
- Spot Gold Price
- $3,313.23 per ounce
- US Dollar Index
- Rose 0.2%
- Anticipated US Rate Cut
- 63 basis points this year
