Gold and silver prices declined on the MCX amid concerns over a possible US Federal Reserve rate hike. Silver lost more than Rs 4,000 per kg, while gold fell Rs 911, offering potential relief to festive buyers
Silver futures fell nearly 1 per cent to Rs 2.33 lakh per kg, extending losses for a fourth straight session. Rising US Treasury yields, a stronger dollar, higher crude prices and escalating US-Iran tensions weighed on investor sentiment and precious metals
