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MCX Gold and Silver Futures Slip On Geopolitical Tensions & Inflation Fears

Traders Are Expected To Remain Cautious, Keeping A Close Eye On Upcoming US Economic Indicators Scheduled For Release Later This Week

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Domestic and international precious metals markets experienced downward pressure on Tuesday morning as fresh US military actions in the Middle East reignited global inflation anxieties, overshadowing ongoing diplomatic negotiations.

MCX Silver Futures (July 2026 Delivery): Dropped by Rs. 3,731 (1.3%) to Rs. 2,72,985 per kilogram. MCX Gold Futures (June 2026 Delivery): Slipped by Rs. 547 to Rs. 1,58,534 per 10 grams. Global Spot Gold: Declined 0.7% to $4,537.54 per ounce.

The market reversal follows an announcement by the US Central Command confirming targeted strikes against missile launch positions and mine-deploying vessels in southern Iran. The sudden military escalation immediately disrupted recent optimism surrounding a potential US-Iran peace framework being brokered by Qatari mediators in Doha.

In response to the strikes, crude oil prices surged over 2%. The rebound in oil prices has fueled investor concerns over energy-driven, sticky inflation, reinforcing expectations that global central banks—including the US Federal Reserve—will maintain elevated interest rates for a prolonged period. While bullion is traditionally a hedge against inflation, higher interest rates increase the opportunity cost of holding non-yielding assets, strengthening the US dollar and lowering the appeal of gold.

Traders are expected to remain cautious, keeping a close eye on upcoming US economic indicators scheduled for release later this week, including GDP figures and Personal Consumption Expenditure (PCE) inflation data, for definitive policy directions.

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National News

Coffee With CKM – Special Edition: In Conversation With Gurudev Sri Sri Ravi Shankar

Enriching Conversation On Wisdom, Success, Spirituality & Humanity….and More

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“I don’t have to conquer the world. The world has always been mine. You conquer only that which is not yours.” With these profound words, Gurudev Sri Sri Ravi Shankar instantly captivated hearts and minds, elevating the latest episode of Coffee with CKM into a deeply moving and spiritually enriching experience.

In this special edition, Dr. Chetan Kumar Mehta (CKM) welcomed Gurudev Sri Sri Ravi Shankar, globally revered spiritual master, humanitarian, and peace ambassador, for a soul-stirring dialogue that transcended the ordinary and ventured into the realm of wisdom, consciousness, and human purpose.

Widely celebrated for his contribution to peacebuilding, reconciliation, and humanitarian service, Gurudev was recently honoured with the World Peace and Security Leadership Award by the Boston Global Forum and AI World Society in 2025. Established in 2015, the prestigious award recognizes global leaders who embody ethical courage, moral governance, and compassion in advancing peace and humanity.

In a conversation marked by warmth, spontaneity, and Gurudev’s trademark childlike innocence, profound insights emerged effortlessly — offering timeless lessons for entrepreneurs, leaders, families, and society at large.

Gems of Wisdom from Gurudev

On the need for guidance and wisdom
“When you have questions, when you search for answers, you need a guru. If you have all the answers, you don’t need a guru.”

On karma
“Karma is simply the impression that creates similar situations around you.”

On spirituality
“Spirituality is not religion or rituals — it is what unites an individual with the cosmos.”

On measuring success
“Measure success by the smiles on your face and the confidence that you exhibit.”

On wisdom versus information
“Information is not wisdom. One has to go through experiences in life and process them into wisdom.”

On energy and emotions
“When we are filled with positive energy, people around us are energized. Thoughts and emotions affect our energy levels.”

On balancing business and relationships
“When it comes to business, use your mind. When it comes to personal relationships, use your heart.”

On leadership and institution building
“Don’t try to build grand organisations. Just do what is right for society and humanity. When we started, we built people, character, and uplifted vision.”

On today’s generation
Reflecting on the digital age, Gurudev observed that the younger generation increasingly seeks instant experiences through social media and the internet, often leading to shorter attention spans and weakened interpersonal bonds. He stressed the urgent need for parents to provide children with a strong foundation in personal values and life skills.

On emotional well-being
“For peace and joy, you need real-time emotional connectivity — something social media can never replace.”

The episode stands as a powerful reminder that true success lies not merely in achievement, but in inner stillness, emotional balance, and meaningful human connection. With this special edition, Coffee with CKM once again reinforces its position as a platform for transformational conversations — where business, leadership, philosophy, and humanity seamlessly converge.

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