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Gold, silver prices fall on MCX amid easing US-Iran tensions
Updated On: 29 May, 2026 02:25 PM IST | Mumbai | mid-day online correspondent
Reports of a possible extension of the US-Iran ceasefire and fresh nuclear talks reduced safe-haven demand for precious metals. While international prices showed mild gains, domestic bullion markets remained under pressure
Easing geopolitical tensions weigh on gold and silver prices. Representational pic
Gold and silver prices traded lower on Friday morning on the Multi Commodity Exchange (MCX), with both metals declining amid continued global uncertainty and easing geopolitical tensions.
Gold futures fall
Gold futures for June 5 delivery were trading at Rs 1,56,683 per 10 grams, down Rs 242 or 0.15 per cent from the previous close of Rs 1,56,925.
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