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
Gold prices rose 0.86 per cent weekly as weaker US economic data strengthened expectations of steady Federal Reserve interest rates. MCX gold and silver also gained, while crude oil remained volatile amid Middle East tensions and developments around the Strait of Hormuz