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Gold and silver rates rise
New Delhi: Gold and silver prices have risen for the second consecutive day today. Rates for gold and silver in the international market have surged again today, driven by the renewed possibility of talks between the United States and Iran. Due to the prevailing circumstances, the global energy crisis has deepened. It is worth noting that a round of talks between Iran and the US has already taken place in Pakistan; however, those negotiations ended in failure, and no agreement could be reached between the two parties at that time.
What is the Latest Gold Rate?
COMEX gold prices witnessed an uptick during early trading hours today, subsequently reaching the level of $4,855 per ounce. In the previous session, gold prices had already risen by more than 2 percent. COMEX silver rates also saw an increase today, Wednesday; following this surge, silver prices reached the level of $79 per ounce.
Massive Jump in gold & silver prices across India; What’s next for investors?
Why Are Gold and Silver Prices Rising?
According to Bloomberg, a second round of talks between the US and Iran could take place in the coming days. A report by the *New York Post* indicates that US President Donald Trump has signaled that negotiations could commence within the next two days.
Driven by these reports, the US stock market recorded gains on Tuesday. Meanwhile, the Dollar Index has slipped by 0.3 percent. It is pertinent to mention that since the onset of the conflict, metal prices have witnessed a decline of 8 percent.
How Far Will Gold and Silver Prices Go?
Renisha, an analyst associated with Augmon, states that gold and silver are currently still riding a "bull run." However, she notes that the path ahead remains fraught with significant uncertainties. On a technical level, Renisha notes, "Gold is encountering resistance in the range of $4,800 to $4,850 (Rs 154,000 to Rs 155,000). If prices breach this level, they could potentially advance further toward the $5,000 (Rs 160,000) mark."
Gold & Silver surge amid global uncertainty; Check latest prices in major cities
Regarding silver, the expert opines that it is facing resistance at the $77 (Rs 246,000) level. "Should it break above this point, silver prices could reach the range of $82 to $87 (Rs 255,000 to Rs 265,000)."
Location : New Delhi
Published : 15 April 2026, 10:43 AM IST
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