MCX gold drops 0.5%, silver crashes over 2% due to profit booking as dollar gains; US-Iran conflict remains in focus

April 23, 2026 · 9:07 am IST Source: LiveMint
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Key Takeaways

  • Gold prices declined in early deals on MCX on Thursday, 23 April, due to profit booking amid dollar's rise.

Full Report

Gold prices declined in early deals on MCX on Thursday, 23 April, due to profit booking amid dollar's rise. (Image: Pixabay)AI Quick ReadGold price today: Gold rate dropped by over half a per cent while that of silver crashed more than 2% in early deals on the MCX on Thursday, 23 April, due to profit booking after the US dollar climbed amid a rebound in crude oil prices, following reports of fresh tensions between the US and Iran.

(This is a developing story. Please check back for fresh updates.)

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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

Originally reported by LiveMint.
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