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Silver rate today fell on stronger US dollar as US-Iran war rages, brent crude price crosses $100- Should you buy?

Silver and gold prices fell on March 9 due to a stronger U.S. dollar and rising energy prices, which heightened inflation concerns. MCX Silver dropped 1.3% to ₹2,64,747 per kg, while MCX Gold decreased 1.1% to ₹1,59,826 per 10 gram.

Mar 09, 2026 &03360909202631; 03:36 UTC www.livemint.com Trending 4/5

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Negative for markets

Sentiment score: -65/100

Moderate impact Short-term (days)

WHAT THIS MEANS

Silver and gold prices declined on March 9 amid a stronger US dollar and elevated energy costs, with MCX Silver falling 1.3% to ₹2,64,747/kg and MCX Gold dropping 1.1% to ₹1,59,826/10g. The US-Iran tensions and Brent crude crossing $100/barrel are creating conflicting pressures on precious metals, with the dollar strength currently dominating the downward price action.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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Gold Futures

GC=FCommodity

Expected to decline

MCX Gold declined 1.1% due to stronger US dollar offsetting geopolitical risk premium from US-Iran tensions

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Oil (WTI Crude)

CL=FCommodity

Expected to rise

Brent crude crossed $100/barrel driven by US-Iran war concerns and supply risk premium

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Euro / US Dollar

EURUSDCurrency

Expected to decline

Stronger US dollar pressuring euro and supporting dollar-denominated commodities pricing

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10-Year Treasury Yield

^TNXBond

Expected to rise

Rising energy prices and inflation concerns likely pushing US Treasury yields higher

PRICE HISTORY

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⚡ SUGGESTED ACTION

Current weakness in silver/gold presents a potential accumulation opportunity for long-term investors, but short-term traders should wait for stabilization of USD strength. Monitor crude oil levels above $100 as a key inflation indicator that could eventually support precious metals if sustained.

KEY SIGNALS

US dollar strength overriding safe-haven demand for precious metalsGeopolitical risk premium in crude oil not translating to gold/silver supportInflation concerns from energy prices creating mixed signalsTechnical breakdown in precious metals despite macro uncertainty

SECTORS INVOLVED

CommoditiesEnergyPrecious Metals

Analysis generated on Mar 09, 2026 at 15:10 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Silver rate today fell on stronger US dollar as US-Iran war rages, brent crude price crosses $100- Should you buy?

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