Priceless Metals Rates Change In The Middle Of Geopolitical Tensions

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Silver And Gold Prices Dip Amid Geopolitical Tensions

Precious metal rates in India experienced a decrease on Friday, mirroring worldwide market fads affected by the ongoing US-Iran conflict. Here’s a recap:

  • MCX Gold (June Futures): Lowered by 26 to 1, 51, 735 per 10 grams, down over 2 % this week.
  • MCX Silver (May Futures): Fell by 1, 928 to 2, 39, 585 per kg, with once a week losses surpassing 6 %.
  • International Place Gold: Raised by 0. 6 % to $ 4, 721 15 per ounce but continues to be down for the week.
  • US-Iran Dispute Impact: Gold rates down over 10 %, silver down about 18 % since dispute onset.

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