: Tuesday, April 28, 2026 10:44 AM
Mumbai . Gold and silver opened with a decline on Tuesday, due to which the prices of both the precious metals have come down by half percent. On Multi Commodity Exchange (MCX), the gold contract for June 05, 2026 opened with weakness at Rs 1,51,700 compared to the previous closing of Rs 1,51,721. At 9:50 am it was at Rs 1,51,514 with a weakness of 0.14 percent or Rs 207. In the trading so far, gold has touched the lowest level of Rs 1,51,500 and the highest level of Rs 1,51,802.
Silver contract for May 05, 2026 opened at Rs 2,40,490 as against the previous closing Rs 2,41,824. Currently it was at Rs 2,40,400 with a fall of Rs 1,424 by 0.59 percent.
In the trading so far, silver has touched a low of Rs 2,40,218 and a high of Rs 2,41,250. This shows that both gold and silver are trading in a limited range.
A decline in the prices of gold and silver has also been seen in the international markets. On Comex, gold was down 0.27 percent at $ 4,680 an ounce and silver was down 0.73 percent at $ 74.48 an ounce.
In the last one year, gold has given returns of more than 40 percent and silver more than 126 percent in dollar terms.
Tension remains between America and Iran. Peace talks between the two countries are currently witnessing major ups and downs. America has rejected Iran’s peace proposal. In the proposal given to America, Iran was ready to open the Strait of Hormuz and was ready to negotiate on the nuclear program after the lifting of the American maritime blockade, but America believes that the solution to both the issues should be found simultaneously, otherwise its position will be weakened.
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Web Title-Amid US-Iran Tensions, Gold and Silver Open Lower by Nearly Half a Percent
