India retail gold and silver ease on June 25 as MCX August gold slips 0.16%

On June 25, oil prices fell after investors bet global crude supplies would improve as tankers previously stuck in the Persian Gulf began leaving the Strait of Hormuz. WTI crude slid 1.66% to around $69 a barrel and Brent dropped 1.79% to under $73 a barrel. In India, retail gold and silver prices edged lower, with MCX August gold futures down 0.16% and silver futures down 0.96%. SK Hynix shares jumped more than 11% after the company outlined plans for a Nasdaq ADR issuance that could raise up to $29.4 billion.