Gold falls 2.4%, silver 3.5% on MCX: What is driving the sell-off

IN · 2026-09-28

1. Step 1 · The triggerHigher US Treasury yields and a stronger dollar raise the opportunity cost of holding gold and silver, triggering a sell-off on MCX.
2. Step 2 · Knock-onLower bullion prices reduce trading and hedging activity on exchanges and among brokers, and make jewellers and refiners cautious about inventory.
3. Step 3 · Reaches youUS SMEs sourcing gold or silver see lower input costs but face increased price volatility and inventory risk.

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: CNBC TV18 (Markets)

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.