Gold and silver prices extended their losses on Tuesday, mirroring weakness in global markets. Optimism over easing trade tensions between the US and China, coupled with a stronger US dollar, weighed heavily on precious metals.

PRICES SLIP ON MCX

On Tuesday, on the Multi Commodity Exchange (MCX), gold opened 0.7% lower at Rs 1,20,106 per 10 grams, down from Rs 1,20,957 in the previous session.

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