Silver slides Rs 3,300/kg, gold drops Rs 1,600/10g as Trump-Xi talks in spotlight amid Iran war; key levels to watch

· economictimes.indiatimes.com

Gold and silver prices opened sharply lower on MCX Thursday as markets tracked ongoing Trump-Xi talks and developments in the Iran conflict. MCX silver futures for July 2026 fell Rs 3,359, or 1.1%, to Rs 2,96,879 per kg, while June 2026 gold futures dropped Rs 1,159, or 0.7%, to Rs 1,61,027 per 10 grams. The decline follows a strong rally in the previous session, when silver surged over Rs 21,000 and gold gained nearly Rs 9,000.

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