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Gold and silver prices drop on MCX as escalating Middle East conflict strengthens US Fed rate hike expectations
Gold and silver prices dropped on MCX as the escalating Middle East conflict fuelled expectations of a US Fed rate hike. MCX gold August futures and MCX silver September futures declined by up to half a per cent to ₹1,41,301 per 10 grams and ₹2,19,650 per kg, respectively, in morning deals.
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