Gold and silver prices continued their recent slide in India. On MCX, February futures were down 0.51% to ₹39,345 per 10 gram, tracking a decline in global rates. Silver prices on MCX fell 0.82% to ₹46,060 per kg. Gold prices have seen a sharp fall after hitting a new high of ₹41,293 in the previous week. "De-escalation of US-Iran tensions and rising optimism over the US-China trade deal have reduced the risk premium on gold," said Abhishek Bansal, chairman of ABans Group of Companies. In global markets, gold prices dropped sharply today as the risk appetite increased after the US dropped China's designation as a ... (full story)