Gold rate slips on MCX amid dollar's rise; geopolitical risks, Trump tariff uncertainties limit losses
Analysis of this story by livemint_markets · 12 Mar 2026, 9:10 AM IST (about 2 months ago)
AI Analysis
Precious metals are reacting to a stronger dollar and ongoing global uncertainties. This creates a volatile environment for gold and silver.
Trading Insight
Short-term bearish bias for gold and silver; watch for dollar strength and geopolitical escalations.
Quick check: BHARTIARTL bearish bias (oversold), RELIANCE neutral (-1.6% 1d).
Key Evidence
- •MCX gold April futures were 0.10% down at ₹1,61,660 per 10 grams.
- •MCX silver May futures were 0.57% down at ₹2,66,969 per kg.
- •Dollar's rise is contributing to the slip in gold rates.
- •Geopolitical risks and Trump tariff uncertainties are limiting losses.
- •Risk flag: Sudden escalation of geopolitical tensions could reverse trend
Sectors:telecom
Sources and updates
Original source: livemint_markets
Published: 12 Mar 2026, 9:10 AM IST
Last updated on Anadi News: 12 Mar 2026, 9:21 AM IST
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