Gold, Silver Rate Today Live Updates: Spot gold edges higher as oil prices tumble after Trump delays fresh Iran strike
Spot gold rose 0.4% to $4,055.76 an ounce, while US gold futures gained 0.9% to $4,054.00.
Oil prices tumbled over 6% after US President Donald Trump delayed strikes against Iran and said talks would take place on Monday.
The US dollar weakened after authorities intervened in the foreign exchange market to support the Japanese yen, making gold cheaper for overseas buyers.
On Friday, gold futures fell Rs 818 to Rs 1,44,022 per 10 grams, while silver traded flat at Rs 2,24,700 per kg.
The rupee rose 31 paise to 95.12 against the US dollar in early trade, supported by lower oil prices and RBI support.
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