New Delhi, March 24 -- Gold, silver rate today, 24 March: Gold prices and silver prices in India opened lower for the second straight session this week on 24 March, Tuesday, as inflation concerns amid the US-Iran war that has led to a devastation of the global oil infrastructure.

MCX gold rate today opened at Rs.1,38,411 per 10 grams and touched a low of Rs.1,36,762, logging around 2% intraday loss on 24 March. Meanwhile, MCX silver prices also extended their decline, cracking 4.21% or Rs.9,474 at Rs.215,693 per kg

Gold and silver rates are under pressure today despite an imminent de-escalation in the US-Iran war as the market expects the US Fed to keep interest rates unchanged in the near term due to persistent inflation fear. The mark...