NewsSignals AI analysis·CNBC TV18·Oct 21, 2026

Gold, silver prices today: Factors driving the decline and key levels to watch

Grade Bbearish AI signal$XAU$XAG

Gold and silver prices fell on India's MCX as rising crude oil prices stoked inflation fears and increased expectations that the US Federal Reserve could keep monetary policy tighter for longer. December gold futures dropped 0.35% to ₹1.46 lakh per 10 grams, while silver futures declined 1.20% to ₹2.08 lakh per kg, with traders watching key support levels and upcoming US inflation data. Further oil-driven inflation concerns and stronger rate expectations could pressure precious metals, although festive demand and technical support levels may help limit losses.

Bullish strength: 25/100

Domestic festive and wedding demand could support gold purchases.
Gold and silver have identified technical support levels that could help stabilize prices if they hold.

Bearish strength: 75/100

MCX December gold futures fell 0.35% and silver futures declined 1.20%.
Higher crude oil prices are increasing inflation concerns and expectations of tighter US monetary policy.
A stronger US dollar and rising bond yields could weigh on bullion demand.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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