New Delhi, March 10 -- Safe-haven bullions gold and silver rates today witnessed a rebound on Tuesday, March 10, after the US dollar weakened following remarks by Donald Trump suggesting that the war with Iran could be nearing its end.

Spot gold rate today was up 1% to $5,145 per ounce, while spot silver prices surged 4% to $87.9 per ounce, during the Asian trading hours on Monday.

Both metals retreated after US President Donald Trump was quoted as saying by CBS News that he believed the conflict was "very complete, pretty much."

Meanwhile, the US Dollar Index strengthened, rising to 99.42, as tensions with Iran showed little sign of easing and energy prices continued to climb, making dollar-denominated commodities more expensive for i...