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Gold and silver prices fall nearly 1 per cent amid global uncertainty

Gold and silver prices declined nearly 1 per cent in early trade on MCX amid a stronger US dollar, rising bond yields, and global uncertainty. Meanwhile, Sensex and Nifty also slipped, reflecting weak investor sentiment and ongoing geopolitical tensions

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Representational image. File pic

Representational image. File pic

Amid the tense global situation, gold and silver prices started the session on a weaker note on Friday. Both the precious metals declined by nearly 1 per cent in early trade on the Multi-Commodity Exchange (MCX). 

Gold futures for June 5 opened 0.39 per cent, or Rs 594 lower at Rs 1,51,167 per 10 grams compared to the previous close of Rs 1,51,761.

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