GOLD FALLS UNDER $4700; SILVER DROPS 1% AMID RATE UNCERTAINTY

Gold prices edged lower below $4700 per ounce in volatile trade, as rising oil prices and stalled US-Iran talks kept inflation concerns elevated, reinforcing expectations of a cautious Federal Reserve stance. Silver also fell over 1% to below $76, with its industrial exposure amplifying losses amid shifting growth and inflation signals. Meanwhile, a softer dollar near 98.5 offered limited support to bullion. On the domestic front, MCX June gold futures slipped 0.3% to Rs 152250 per 10 grams. Markets remain focused on Fed policy, with rates expected to stay unchanged in what could be Jerome Powell�s final meeting as chair, while geopolitical developments continue to drive short-term price movements.