Gold rate drops on MCX as dollar rises amid US-Iran war; strong US jobs data dents US Fed rate cut hopes

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Gold price today: MCX gold June futures dropped by ₹1,400, or nearly 1%, to ₹1,48,298 per 10 grams, while MCX silver May contracts declined by over ₹2,800, or more than 1%, to ₹2,29,651 per kg in early deals.