Gold and silver prices fell up to 1% in early deals on the MCX on Tuesday, 28 July 2026, mirroring weak global cues. Precious metals witnessed profit-taking as the dollar index hovered near 101.5 ahead of the US Federal Reserve’s monetary policy decision on 29 July 2026.
Goldman Sachs Highlights China’s Secret Gold Reserve Expansion
Goldman Sachs has picked up on the fact that China is expanding its gold reserves far faster than the official data indicates.
Why Gold Price Dropped Today: War Fears & Crude Oil Impact
Find out why spot gold prices dropped sharply today after hitting a 2-week high. Learn how the Middle East conflict and rising Brent Crude affect gold in India.
MCX Copper Tips Today: Buy Above 1342
MCX Copper Tips Today: MCX Copper is showing a positive trend as long as the price stays above 1342. Traders should hold their existing long positions or look for fresh buying opportunities only when the price falls to lower levels. Avoid chasing prices at higher levels and wait patiently for the right entry.
Gold Weekly Forecast: Bearish Trend Continues as Middle East Tensions Impact Prices
Gold Weekly Forecast: Gold prices are still under selling pressure despite weakness in the US Dollar. Rising tensions in the Middle East are offering some support to the precious metal, but buyers have not been able to take full control. From a technical point of view, Gold continues to trade with a negative outlook, and the market remains cautious about the next move.