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The Economic Times
The Economic Times
Veer Sharma

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

Gold silver MCX Iran United States Donald Trump Manoj Kumar Jain Xi Jinping

Gold and silver prices opened lower on the Multi Commodity Exchange (MCX) on Thursday, as investors closely tracked talks between U.S. President Donald Trump and Chinese President Xi Jinping, while also watching for developments in the Iran conflict.

In the domestic market, MCX silver futures for July 2026 delivery dipped Rs 3,359 or 1.1% to Rs 2,96,879 per kg. Gold futures for June 2026 delivery were down Rs 1,159 or 0.7%% Rs 1,61,027 per 10 grams. In the previous session, silver rallied over Rs 21,000, while gold gained 6% or nearly Rs 9,000.

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