New Delhi, March 27 -- Gold and silver rates today pared losses on Friday, March 27, after US President Donald Trump once again delayed the deadline for reaching an agreement with Iran to end the Middle East conflict.

COMEX gold rate today was trading 0.33% higher to $4,423 per ounce, after falling almost 3% in the previous session. On the other hand, COMEX silver prices were up 2.9% to $68.13 per ounce during the Asian trading hours on Friday.

Donald Trump said he would avoid targeting Iranian energy facilities for another 10 days, providing temporary relief to markets rattled by nearly a month of conflict.

Since the war began almost a month ago, gold has dropped around 17%, largely moving in line with equities and inversely to oil pr...