New Delhi, May 11 -- Gold and silver prices today on 11 May: The price of the yellow metal in India's retail market remained largely flat on Monday, 11 May, with both 24-karat and 22-karat gold rates witnessing marginal changes across major cities. Silver prices also showed limited movement in the domestic bullion market.

MCX gold June futures were down 0.10% at Rs.1,53,000 per 10 grams around 9:41 am, while MCX silver July futures were up 0.61% at Rs.2,63,970 per kg at that time.

US President Donald Trump rejected Iran's counterproposal to end the 10-week war, calling it "totally unacceptable." Meanwhile, Iran said it will "never bow" in front of the US. Iranian Army spokesperson Brigadier General Mohammad Akraminia warned of "surprisi...