Gold and silver prices traded mixed on the Multi Commodity Exchange (MCX) on Tuesday after the dollar index weakened and crude oil prices retreated from the $110 mark. While gold edged higher, silver extended its decline.
This rise in gold prices came after U.S. President Donald Trump said he had postponed a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an immediate escalation that could further disrupt global crude supplies and stoke inflation concerns.