Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a low of Rs 92,975/10 grams, while silver contracts saw a slight increase. Analysts suggest monitoring volatility and recommend buying silver on dips, advising caution with gold trading in the current market conditions.
Qatar halts output: LNG firms tank 5-10% on supply concerns
Liquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Iranian drone attack on