Gold, Silver Rate Today Live Updates: MCX Gold, MCX Silver prices drop; International gold prices move up as all eyes on US-Iran peace deal
Yesterday, spot gold fell below the 200 DMA support at $4395 before it recovered on the news that US and Iran have agreed to a preliminary deal that would extend the ceasefire by 60 days. As per the Memorandum of Understanding/preliminary deal, Iran will normalise traffic in Strait of Hormuz in thirty days. US and…