Gold, silver rate today LIVE updates: Gold extend losses, dollar gathers strength in early trade

In the latest trading session, gold prices continued to decline, influenced by a reduction in geopolitical tensions in regions such as Iran and Russia. As of Tuesday morning, spot gold has recorded significant losses, while silver also saw a drop of 1.6%, falling to $75.33 per ounce. Similarly, spot platinum experienced a decrease of 1.3%, settling at $2,014.08 per ounce. Additionally, the Indian rupee weakened against the US dollar, trading at 90.76 per dollar, marking a 0.1% decline. These fluctuations in precious metal prices reflect broader market trends, particularly the strengthening of the dollar, which tends to inversely affect gold and silver values. Investors are closely monitoring these developments, as changes in currency strength and geopolitical stability often play a crucial role in commodity markets.