# Gold Prices Drop, Silver Rises Amid Fed Rate Hike Shift

> Gold falls Rs 1,400/10g as Fed rate hike bets ease, silver rises Rs 1,025/kg.
- Title: Gold Prices Drop, Silver Rises Amid Fed Rate Hike Shift
- Summary: Gold falls Rs 1,400/10g as Fed rate hike bets ease, silver rises Rs 1,025/kg. Gold prices dropped Rs 1,400 per 10 grams on MCX while silver rose Rs 1,025 per…
- Keywords: gold prices, silver prices, mcx, fed rate hike, us economic data, commodities, india markets, money, business, Gold, Prices, Drop
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/commodities/news/gold-prices-fall-rs-1400/10-grams-but-silver-rises-rs-1025/kg-despite-easing-fed-hike-bets-check-key-levels-to-track/articleshow/134686044.cms
- Author: Veer Sharma
- Published: 2026-10-05T04:40:00+00:00
- Read time: 1 min
- Topics: gold prices, silver prices, mcx, fed rate hike, us economic data, commodities, india markets, money, business
## Gold and silver prices open mixed
Gold and silver prices opened mixed on the Multi Commodity Exchange (MCX) on Monday as recent weak US economic data reduced expectations of a US Federal Reserve rate hike in October.
## Gold falls Rs 1,400/10 grams
In the domestic market, MCX gold futures for December 2026 delivery fell Rs 1,400 to Rs 1,49,050 per 10 grams.
## Silver rises Rs 1,025/kg
MCX silver futures for December 2026 delivery rose Rs 1,025 to Rs 2,26,902 per kg.
## US economic data weakens Fed rate hike bets
US job growth slowed more than expected in September, while nonfarm payrolls for the previous two months were revised sharply lower.
## Fed rate hike probability drops
Markets now price in a 22% probability of a Fed rate hike in October, down from 64% a week earlier, while the probability of a December rate increase remains at 87%.
## US Fed rate hike history
The US central bank last month raised its benchmark overnight interest rate by 25 basis points to a range of 3.75%-4.00%, marking its first rate increase in three years.
## Geopolitical developments
Yemen's Saudi-backed, internationally recognised government said it was launching a major military campaign to retake all areas controlled by the Iran-backed Houthis.
## Key takeaway

Gold prices dropped Rs 1,400 per 10 grams on MCX while silver rose Rs 1,025 per kg due to reduced expectations of a US Federal Reserve rate hike in October.