Gold-Silver Price: Gold and silver prices continue to fall, silver became cheaper by Rs 4300 as soon as the market opened, gold also slipped

Gold-Silver Price Today 16 March 2026: Gold prices fell by more than 1% in early trade on Monday, March 16. The main reason for this decline is the lack of expectations from the US Federal Reserve to cut interest rates soon. Along with this, the increasing war between America and Iran and the threat of inflation arising from it seem to be haunting the investors, due to which the fear of slowing down of economic growth has increased.

On MCX, gold futures for April delivery fell by Rs 1,800 (1.14%) to Rs 1,56,655 per 10 grams. At the same time, a huge fall was also recorded in silver for May delivery, it fell by Rs 4,300 (1.7%) to Rs 2,55,101 per kg.

Price of gold and silver in international market

The situation is almost similar in the international market also. The ongoing war in the Middle East has entered its third week. The attacks over the weekend targeted critical oil infrastructure, sending crude prices soaring. The effect of this geopolitical tension was also visible on gold. Spot gold fell 0.7% to $4,986.34 an ounce and silver fell 0.7% to $80.03 an ounce in morning trade in Singapore.

Apart from the prices of gold and silver, a decline was also seen in the prices of platinum and palladium. According to Bloomberg report, gold prices fell by 1% in the beginning of trading, this fall for the second consecutive week took gold below the psychological level of $ 5,000 an ounce.

Rise in crude oil prices

The possibility of interest rate cuts has been impacted. The war and rising energy prices have virtually eliminated the possibility of interest rate cuts by the US Federal Reserve and other central banks. The surge in crude oil prices came after the US attacked Iran’s main oil export hub and in response Iran attacked Arab countries.

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The near- and long-term outlook for gold is mixed. Higher borrowing costs generally put pressure on precious metals. However, rising oil prices and fears of stagflation may attract investors to gold in the long term.