Gold and silver prices witnessed a decline today (Wednesday, June 10, 2026) with major jewellery retailers across India reducing rates compared to the previous day. The decline comes amid heightened global uncertainty following fresh geopolitical tensions in the Middle East and shifting expectations around US interest rates.
According to bullion market experts, precious metals came under pressure after the United States launched retaliatory strikes on Iran, raising concerns over the stability of the Strait of Hormuz, a key global energy route.
