Gold and silver prices witnessed a decline on June 4 following geopolitical tensions between the US and Iran. In Delhi, 24-carat gold is trading between ₹1,56,360 and ₹1,59,380 per 10 grams. Silver prices saw a drop of ₹3,000 to ₹4,500 per kg on June 3, with current rates ranging from ₹2,79,900 to over ₹3,00,000 depending on the city. High interest rates from the US Federal Reserve are expected to divert investors from gold to bonds, leading to lower demand.
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