Gold and silver prices fell due to easing Iran-Israel tensions. MCX gold futures dropped by Rs 2,000, while silver fell by Rs 1,450. A ceasefire announcement and rebound in equity markets contributed to the decline. Weakness in the dollar index and the Russia-Ukraine war might offer some support. Experts suggest monitoring geopolitical tensions and dollar index volatility.
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Gold Price Prediction: Yellow metal prices plunge by Rs 2k in 2 days amid Iran-Israel war de-escalation. Is the shine fading?
