Shares of MMTC Ltd fell sharply on Tuesday, December 30, 2025, dropping around 4.9 % to a low of about Rs. 67.21 on the BSE, marking a significant intraday decline for the government-owned trading company.
The sell-off in MMTC’s stock was largely linked to the cooling off of precious metals prices, with gold and silver retreating from the record highs seen earlier in the year. Because MMTC’s business is closely tied to bullion trading — including import, export and domestic retail trading of gold and silver — lower metal prices can dampen investor sentiment toward the stock.
This price softening came after a strong rally in bullion markets, which had previously lifted MMTC shares. Recently the stock had surged as much as over 10 % and extended gains amid fresh record highs in gold and silver, reflecting the typical correlation between precious metal prices and MMTC’s performance.
Profit-taking and year-end volatility in commodities likely contributed to the pullback in bullion prices, which in turn pressured metal-linked equities like MMTC. As gold and silver pull back from peak levels, related stocks often face increased selling pressure as traders lock in gains and reassess exposures.
Overall, the drop in MMTC shares underscores how closely the stock’s fortunes are tied to precious metals price movements, and cooling prices can quickly translate into weaker market performance for bullion-linked companies.
