Silver And Gold Costs Dip Amid Geopolitical Tensions
Rare-earth element prices in India experienced a decline on Friday, matching global market trends affected by the continuous 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): Dropped by 1, 928 to 2, 39, 585 per kg, with regular losses exceeding 6 %.
- International Spot Gold: Raised by 0. 6 % to $ 4, 721 15 per ounce yet remains down for the week.
- US-Iran Dispute Influence: Gold prices down over 10 %, silver down roughly 18 % considering that dispute beginning.