Gold slips ahead of US inflation data; silver also falls
In short
Gold prices fell ahead of US inflation data. In the domestic market, MCX silver futures for December 2026 dropped by Rs 2,000 to Rs 1,77,784 per kg, and gold futures for December 2026 slipped to Rs 1,30,300 per 10 grams.
Traders are waiting for the inflation numbers because they can affect interest-rate expectations and demand for gold and silver.
What the reporting says
Gold futures slipped ahead of US inflation data, while domestic MCX silver futures for December 2026 delivery fell Rs 2,000 to Rs 1,77,784 per kg and gold futures for December 2026 delivery eased to Rs 1,30,300 per 10 grams. The move comes as traders await the inflation print, which can influence expectations on interest rates and precious-metals demand.
Why it matters
Gold futures moved lower before US inflation data, and MCX silver futures for December 2026 also declined by Rs 2,000 to Rs 1,77,784 per kg. Gold futures for December 2026 settled at Rs 1,30,300 per 10 grams. The market focus is on the inflation reading because it can shift expectations for rates and influence precious-metals pricing.