Gold Silver Rate: Gold and silver slipped from their heights, domestic market declined due to fear of strong dollar and interest rates.

Due to weak signals from global markets, strengthening US dollar and fear of increase in interest rates in major economies around the world, there has been a decline in the prices of gold and silver in the domestic futures market today. On Friday, May 22, 2026, in the morning trade, both gold and silver precious metals were seen trading in the red on the Multi Commodity Exchange (MCX). Investors’ sentiments have been affected by the fear of increasing inflationary pressure due to rising crude oil prices and the fear of taking a strict stance by central banks. Today’s prices on the domestic market (MCX) (Gold-Silver Prices on MCX) The following fluctuations were seen in the prices of gold and silver in the Indian futures market in the morning trading session: Gold Rate: Gold futures price on MCX fell by 0.25 percent to ₹ 1,59,202 per 10 grams. Silver Rate: At the same time, more weakness was seen in the future price of silver. Silver was trading 0.43 per cent lower at ₹2,73,690 per kg. Global Gold & Silver Spot Prices: Pressure on the prices of precious metals is clearly visible at the global level too: Metals Spot Price Fall Percentage Spot Gold $4,522.89 per ounce -0.4% US Gold Futures $4,524.40 per ounce -0.4% Spot Silver $76.18 per ounce -0.7% So far, a total weekly decline of 0.3 percent has been recorded in gold in the international market during this trading week. 3 biggest reasons for falling prices (Reasons Behind the Price Drop) 1. Dollar strength and six-week high These days the US dollar index is hovering near its six-week high. In the international market, gold is traded in dollars, so the strengthening of the dollar makes it expensive for buyers of other countries’ currencies (such as the Indian Rupee) to buy gold, due to which its demand decreases and prices fall. 2. Middle East tension and impact of crude oil. Due to the US-Iran conflict in the last two months, there has been a huge jump in the prices of crude oil at the international level. Due to cost of crude, the fear of increase in inflation across the world has deepened. 3. Fear of increasing interest rates (Fed & RBI Policy) Generally, gold is considered a safe investment against inflation, but no fixed interest or dividend is available on it. To control the rising inflation due to crude oil, market experts now believe that the US Federal Reserve and the Reserve Bank of India (RBI) may start increasing interest rates again this year. Experts’ Estimates: According to recent data from CME Group’s ‘FedWatch Tool’, at least 60% of market traders believe that the US Federal Reserve may increase interest rates by December this year. When interest rates rise, investors start withdrawing money from gold and investing it in fixed income and bonds, which increases the pressure on gold.