GENERAL6 Sept 2026
US inflation data, crude, Iran crisis to steer bullion this week: Analysts
Gold and silver prices fell last week. On MCX, gold dropped 2.2% to ₹1.52 lakh per 10 grams, and silver fell nearly 2% to ₹2.37 lakh per kg. Stronger US jobs data raised rate-hike expectations, pressuring bullion. Coming US inflation data due September 11 and West Asia tensions will drive prices. Keep an eye on your gold or silver investments.
Key Statutory Highlights
- Gold futures on MCX fell 2.2% to ₹1.52 lakh per 10 grams last week.
- Stronger-than-expected US jobs data boosted expectations that the Federal Reserve could raise interest rates.
- US inflation data for August 2026 is due September 11 and will be a key trigger for bullion prices.
Actionable Advice for Taxpayers / Founders:Keep a close watch on the US inflation report due September 11 and avoid rushed decisions on gold or silver purchases until direction is clearer.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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