Gold, Silver Rate Highlights: MCX Gold, MCX Silver prices rise; international spot gold prices drop

Gold, Silver Rate Today Live Updates: Gold prices and silver prices continue to be sensitive to the geopolitical movements, global crude oil prices, dollar and progress on peace talks in the US-Iran conflict. Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said gold prices weakened on Tuesday and traded within a narrow range as uncertainty surrounding the US-Iran negotiations kept investors cautious.Gandhi said the lack of clarity over geopolitical developments has kept precious metals in a consolidation phase, with investors also closely tracking crude oil prices, the US dollar, and Treasury yields for further direction.He added that in the absence of a diplomatic breakthrough, traders largely remained on the sidelines, avoiding aggressive bets while waiting for clearer geopolitical signals.