MediumNeutral
Announced Tue, 16 Jun · 10:23 IST

Silver snaps 3-day gaining streak; gold at Rs 1.52 lakh/10 grams as investors eye Iran-US peace deal details, key levels to watch

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

MCX silver futures for July 2026 delivery fell 0.5% to Rs 2,50,001/kg, snapping a three-day gaining streak, while gold futures for August 2026 delivery declined marginally to Rs 1,52,842 per 10 grams. The pullback came as investors weighed US President Trump's announcement of a preliminary US-Iran agreement to end the Gulf war, though permanent truce negotiations remain pending. International spot gold edged up 0.2% to $4,315.87/oz while silver declined 1% to $69.29/oz, with analysts expecting volatility ahead of the US Federal Reserve's monetary policy meeting.