Gold and silver prices surged on MCX as rising geopolitical tensions due to the ongoing US-Iran war and volatility in the US dollar boosted safe haven demand. Gold crossed ₹1.56 lakh per 10 grams, while silver also posted strong gains.
Gold and silver prices declined sharply on the MCX in early trading as expectations of a US Federal Reserve rate cut weakened. Gold April futures fell over 1% to around ₹1,56,655 per 10 grams, while silver dropped nearly 2%.
Gold and silver prices in India showed fresh strength on MCX after a volatile start to 2026, with both metals rebounding amid global uncertainty and shifting interest rate expectations.
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