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Gold slips below Rs 1.60 lakh while silver drops over 1 per cent amid tensions
Updated On: 21 May, 2026 02:32 PM IST | Mumbai | mid-day online correspondent
On the MCX, gold futures slipped below Rs 1.60 lakh, while silver prices dropped more than 1 per cent due to geopolitical uncertainties and changing safe-haven demand
-1779353659661_d.png "Gold slips below Rs 1.60 lakh while silver drops over 1 per cent amid tensions")
Precious metals trade lower. Representational Pic
Gold and silver prices traded lower on Thursday as investors closely monitored safe-haven demand and ongoing geopolitical uncertainties, reported IANS.
Gold futures slip below Rs 1.60 lakh
On the Multi Commodity Exchange (MCX), gold futures for June 5 delivery declined during the trading session. The yellow metal fell as much as 0.42 per cent or Rs 687 to touch an intraday low of Rs 1,59,319 around 12 pm.
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