New Delhi, April 26 -- Gold and silver prices in India declined on Friday, mirroring weakness in global bullion markets, which are on track for a weekly loss amid escalating tensions from the US-Iran conflict in the Middle East.
MCX gold for June futures slipped Rs.26, or 0.02%, to Rs.1,51,735 per 10 grams, with prices down over 2% so far this week. Meanwhile, MCX silver for May futures dropped Rs.1,928, or 0.80%, to Rs.2,39,585 per kg, extending its weekly losses to more than 6%.
On the international front, spot gold gained 0.6% to $4,721.15 per ounce on Friday, after climbing over 1% earlier in the session, though it remains down more than 2% for the week so far. Meanwhile, spot silver advanced 1.4% to $76.49 per ounce, but is still l...
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