Gold and silver prices slipped on Tuesday as a stronger US dollar weighed on bullion, even as global uncertainty around tariffs and tensions between the US and Iran kept investors cautious. The fall comes after a recent sharp correction, with both metals now moving within a consolidation range.
At around 5 pm on February 24, MCX gold was trading at Rs 1,60,696 per 10 grams down Rs 902 or 0.56%. Silver fell more sharply, dropping Rs 5,010 or 1.89% to Rs 2,60,323 per kg.
GOLD SHOWS SIGNS OF REGAINING STRENGTH
Despite the day’s decline, market experts say gold is showing early signs of recovery after last week’s correction.
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