MCX July gold futures slip 0.37% to Rs 1,43,630 per 10 grams as US-Iran tensions ease

On June 29, MCX gold July futures fell 0.37% to Rs 1,43,630 per 10 grams, while MCX silver July futures edged up 0.09% to Rs 2,21,600 per kg. The pullback came as safe-haven demand cooled after the US and Iran exchanged attacks in the Persian Gulf but markets viewed the conflict as not escalating and the ceasefire as holding. In the global market, spot gold slipped as much as 0.9% after rising 1.6% on Friday, according to data collected by Bloomberg.