Gold and silver prices were volatile in morning trade on the MCX on Friday, 18 September, as a decline in crude oil prices and a stable US dollar supported prices but lingering concerns over the US-Iran war kept investors cautious.
MCX gold October futures were 0.08% down at ₹1,52,861 per 10 grams, while MCX silver December futures were 0.49% up at ₹2,39,380 per kg around 9:10 AM.
International crude oil benchmark Brent Crude declined by 1% to trade below $104 per barrel, while the US dollar was flat, but set to end the week with a gain of over 1%, weighing on the yellow metal.
(This is a developing story. Please check back for fresh updates.)
