Gold and silver rates tumble as Trump declares Iran ceasefire void
On Wednesday, precious metal prices saw a sharp decline in the Indian futures market following US President Donald Trump's announcement that the Iran ceasefire has ended, during which he also labeled the nation's leaders as "scum." According to MCX figures, August gold futures dropped by 1.65% to reach ₹1,43,000 for every 10 grams, while silver futures for September delivery slid 3.17% to settle at ₹2,23,548 per kilogram.