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Gold, silver prices slip marginally as US-Iran peace talks ease safe-haven demand

Gold and silver prices edged lower on Tuesday after recent gains, as easing geopolitical tensions following US-Iran peace talks reduced safe-haven demand. MCX gold futures slipped 0.15 per cent, while silver futures declined over 0.66 per cent. Gold prices in Mumbai and Delhi also recorded marginal losses

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Representational image. File pic

Representational image. File pic

Gold and silver prices, after increasing significantly, fell marginally on Tuesday. A significant surge in price amid the peace talks between the US and Israel, the prices of yellow metal now seem to be correcting every day. 

On the Multi Commodity Exchange (MCX), gold futures declined by 0.15 per cent to Rs 1,52,688 per 10 grams at 10:20 am on an intraday basis.

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