Commodities Global gold prices dip as US-Iran tensions ebb Updated : January 07, 2020 01:05 PM IST US gold futures dipped 0.5 percent to $1,561.00. Silver slipped 0.5 percent to $18.05 an ounce, after touching a more than three-month high at $18.50 in the previous session. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.