Gold and silver price today: Rates drop on MCX as rising oil prices amid stalled US-Iran talks fuel Fed rate hike bets

Gold and silver prices today: Rates of gold and silver dropped in the morning trade on Wednesday, 19 August, on MCX as elevated crude oil prices, amid stalled US-Iran talks, fuelled bets on a US Fed interest rate hike. However, a decline in the dollar index capped losses for the yellow metal.
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