India, June 17 -- After a steep upward climb for the last few days, gold prices have slid down a bit today as the Multi Commodity Exchange Of India Ltd (MCX) gold index quoted Rs.99,280 for every 10 grams of the metal on 10.25 am IST on Jun 17.

After Israel began its strikes on Iran on Jun 13, gold prices in India had observed a significant surge. On Jun 12, the day before the attack, the MCX gold index was priced at Rs.98,110 for every 10 grams. Prices kept soaring since then. The highest value was quoted at Rs.1,00,314 per 10 grams on Jun 16, 6.20 am.

According to a report by Livemint, gold futures for the August 2025 contract dropped 1.44 per cent or by Rs.1,451 per 10 grams to an intraday low of Rs.98,825 per 10 grams on Monday.

MC...