Silver tumbles Rs 11,700, gold down Rs 1,600 as Iran war tensions stoke inflation worries. All eyes on Trump-Xi meet

Gold and silver prices opened sharply lower on MCX Friday, driven by rising energy prices fueling inflation concerns and expectations of prolonged high interest rates. Investors are closely watching U.S.-China trade talks, with gold and silver futures experiencing significant dips. Spot gold and silver also declined internationally, reflecting market pressure.

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