New Delhi, May 12 -- Gold and silver prices today on 12 May: The price of the yellow metal in India's retail market remained largely flat on Tuesday, 12 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 up 0.09% at Rs.1,54,470 per 10 grams around 9:24 am, while MCX silver July futures were up 0.99% at Rs.2,81,460 per kg at that time.

The Saudi Aramco CEO, Amin H. Nasser, said on Monday that the oil market won't normalise until 2027 if Hormuz disruption persists. The biggest challenge facing the market is the disruption to the global tanker fleet, Nasser said. The fleet is "mixed up" with ta...