Gold futures rose nearly 1 per cent to Rs 1.60 lakh per 10 grams on the Multi Commodity Exchange amid renewed geopolitical tensions involving the US and Iran. Investors are also awaiting RBI policy decisions and key US labour market data
Gold prices fell sharply by Rs 4,100 to Rs 1,21,800 per 10 grams in Delhi, slipping below the USD 4,000 mark globally as easing US-China tensions and ETF outflows reduced safe-haven demand. Silver also tumbled Rs 6,250 per kg