Gold Dips Below Rs 1.58 Lakh on MCX, Silver Down 1%; Know Commodity Calls

• Gold prices on MCX fell 0.66% to Rs 1,57,701 per 10 grams, while silver dropped 1% to Rs 2,60,453 per kg.
• Stronger US dollar after robust January jobs data reduced expectations of a Fed interest rate cut, impacting gold and silver.
• Crude oil trades near a 5-month high due to US-Iran tensions, with Brent crude around $70.
• FIIs are net buyers for the fourth consecutive day; Infosys and Wipro ADRs down 5% each.
• GANGANAGAR COMMODITY's Amit Khare suggests buying MCX ZINC Feb and MCX GOLD MINI March contracts.