Precious Metals Slide as US‑Iran Hostilities Boost Dollar

Mumbai – US‑Iran tensions triggered a sell‑off in MCX gold and silver on July 13. Gold opened at ₹1,42,633 per 10 g and dropped to ₹1,42,064 (‑0.99%). Silver opened at ₹2,18,648 per kg, later at ₹2,18,476 (‑1.88%). The dollar index rose to 100.90, reinforcing the downward pressure on metals.