Silver And Gold Rates Dip In The Middle Of Geopolitical Tensions
Precious metal rates in India experienced a decline on Friday, mirroring global market patterns influenced by the recurring US-Iran problem. Below’s a recap:
- MCX Gold (June Futures): Decreased by 26 to 1, 51, 735 per 10 grams, down over 2 % today.
- MCX Silver (May Futures): Fell by 1, 928 to 2, 39, 585 per kg, with once a week losses surpassing 6 %.
- International Spot Gold: Increased by 0. 6 % to $ 4, 721 15 per ounce but remains down for the week.
- US-Iran Dispute Influence: Gold costs down over 10 %, silver down approximately 18 % because conflict beginning.
