Gold, Silver Rates Today LIVE: MCX gold, silver prices fall on profit booking at record highs

Global gold and silver prices steadied Tuesday after record highs, amid concerns over Federal Reserve independence and Trump administration threats.

Gold prices slipped after hitting $4,600 an ounce as investors booked profits amid geopolitical and economic uncertainty.

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Profit Booking Weighs on Gold and Silver After Historic Highs

Domestic bullion prices also reflected this trend, with MCX opening lower after a strong rally a day earlier, while MCX silver continued to trade in the red.

In the last trading session, MCX and silver touched record levels, mirroring the sharp rise in international bullion prices. A weakening US dollar further supported the rally, as uncertainty intensified over a potential criminal investigation by the Trump administration into Federal Reserve Chair Jerome Powell.

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