New Delhi, May 5 -- Gold and silver prices today on 5 May: The price of the yellow metal in India's retail market remained marginally higher on Monday, 5 May, with both 24-karat and 22-karat gold rates rising across major cities. Silver prices, on the other hand, declined in the domestic bullion market.

MCX gold June futures were 0.16% up at Rs.1,49,579 per 10 grams, while MCX silver futures were 3.37% lower at Rs.2,38,013 per kg around 9:39 AM.

Focus now shifts towards the ongoing geopolitical problems across the globe, with the US-Israel war against Iran getting more intensified. The United Arab Emirates said Iran launched missile attacks and drones at them.

The reported attacks bring into question an already shaky ceasefire between ...