Gold and silver prices declined on Tuesday, reflecting ongoing uncertainty in global markets. On the Multi Commodity Exchange (MCX), gold contracts for June 5 fell by 0.34 per cent, or Rs 528, to trade at Rs 1,53,415. Around 11:55 am, gold was priced at Rs 1,53,585 per 10 grams, down Rs 358 or 0.23 per cent, after touching an intra-day high of Rs 1,53,992.

Silver also followed a similar trend. Futures contracts for May 5 dropped by about 0.92 per cent, or Rs 2,335, to Rs 2,50,210. The metal had earlier reached an intra-day high of Rs 2,51,743 and was later trading at Rs 2,50,903 per kg, down Rs 1,642 or 0.65 per cent.