New Delhi, May 28: Gold and silver traded lower in international markets on Thursday as a stronger US dollar and renewed geopolitical tensions following fresh US military action against Iran weighed on sentiment and heightened concerns that inflation could remain elevated for longer.
Spot gold slipped nearly 2 per cent to $4,368.99 per ounce, while COMEX gold was trading 1.80 per cent lower to $4,367.90 per ounce. On the other hand, silver prices also came under pressure, with spot silver declining more than 3 per cent to $71.94 per ounce. Similarly, COMEX silver traded 3.56 per cent lower at $72.22 per ounce. (IANS)
