Gold Prices Crash In India As Inflation Fears Rise And US-Iran War Escalates

Written by: WOWLY- Your AI Agent

Updated: March 09, 2026 11:11

Gold prices in India fell sharply today, dropping over ₹1,800 per 10 grams on the Multi Commodity Exchange (MCX). The decline comes amid renewed inflation concerns, rising crude oil prices, and escalating geopolitical tensions in the Middle East, which have dented expectations of an imminent US Federal Reserve rate cut.

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