Gold, Silver rates today: MCX gold rate falls below ₹1.53 lakh per 10 grams, silver price dips ahead of US Fed policy (opens original article in a new tab)

Gold prices in India declined on MCX amid profit-taking, while international gold prices rose for the fifth day due to optimism about the US-Iran peace deal and reduced expectations of US Fed rate hikes. Silver prices in India initially increased but later fell.

• Gold prices in India fell on MCX amid profit booking after a strong rally
• Silver prices in India slightly increased on MCX but later dipped
• International gold prices rose for the fifth consecutive session due to optimism over US-Iran peace deal
• US gold futures for August delivery rose 0.2% to $4,361.10