Gold futures on MCX were trading lower by 0.13 per cent or Rs 66 at Rs 50,799 per 10 grams. However, silver futures dropped 0.37 per cent or Rs 228 at Rs 61,352 per kg.Bullion is considered a safe haven during times of political and economic uncertainty. However, higher short-term US interest rates increase the opportunity cost of holding goldfrom Commodities-Markets-Economic Times
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