Gold trades under pressure on MCX, silver down by Rs 2,700 | Check city-wise rates - India TV News

AI desk brief

MCX December gold fell 0.86% to Rs 1,38,511 per 10 grams and December silver dropped 1.42% to Rs 1,81,900 per kg in the November 12, 2026 report. Choice Broking analyst Pinky Yadav attributed pressure to dollar strength and expectations of further Fed tightening, citing October Indian gold ETF inflows down 22% month-on-month to Rs 3,470 crore; inflows nevertheless remained positive. Continued dollar strength could pressure bullion. International signals were mixed: COMEX gold fell 0.85% to about $3,966.6/oz, while the reported 12:55 pm spot quote rose 0.81% to $3,960.5/oz.