The record
Written from the 1 report below. Nothing here is unsourced.
- Gold and silver prices on the MCX rose following fresh US strikes on Iran.
- The MCX gold August futures contract climbed 1.08% to Rs 1,44,301 per 10 grams, up Rs 1,542.
- MCX silver September futures gained 1.14%, or Rs 2,554, to Rs 2,26,333 per kg.
- The move reflects investors turning to precious metals amid rising geopolitical tensions in West Asia.
What to watch next
- Whether further escalation between the US and Iran keeps pushing bullion prices higher
- Any signs of risk appetite returning, which could pull prices back down
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Named United States · Iran · Multi Commodity Exchange of India
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