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Gold and silver prices fall in India as dollar firms again see MCX and city rates today
India
Published on 24 April 2026

Strait of Hormuz fails to lift bullion
Gold and silver prices in India slid for the second straight session on 24 April 2026. A firmer US dollar and delayed Fed rate-cut expectations weighed on MCX gold and silver, while global COMEX prices also retreated. Surprisingly, even the Strait of Hormuz tension failed to trigger a safe-haven bounce, leaving bullion trading softer across major cities.
- MCX gold slips 0.17% to around ₹1,51,499 per 10g
- MCX silver falls 0.69% to about ₹2,39,851 per kg
- COMEX gold retreats to roughly $4,693 per ounce
- Dollar strength overrides geopolitical safe-haven effects
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This summarization was done by Beige for a story published on
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