New Delhi, Feb. 26 -- After regaining strength the day before on renewed buying interest, geopolitical tensions in the Middle East, and the potential impact of US tariffs on global trade, gold and silver rates today saw a marginal downturn.

Spot gold rate today fell nearly 0.48% to $5,201 per ounce. Meanwhile, spot silver prices slid around 2% to $89.5 per ounce during Asian trading hours on Thursday.

The US imposed sanctions on more than 30 entities linked to Iranian oil and weapons trade, intensifying pressure on Iran ahead of a fresh round of nuclear talks set to take place later on Thursday in Geneva.

The upcoming negotiations over Tehran's nuclear programme come amid a continued US military buildup in the region, with President Do...