Updated On: 05 March, 2026 12:01 PM IST | New Delhi | IANS
Gold and silver surged as Middle East tensions and rising oil prices pushed investors toward safe-haven assets, with MCX gold at Rs 1,62,018 and silver at Rs 2,69,551
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Analysts predict further rally in gold and silver if Strait of Hormuz disruption continues. Representational Image
Gold and silver prices surged significantly on Thursday amid escalating conflict in the Middle East, pushing investors toward safe‑haven assets.
MCX gold April futures gained 0.31 per cent to Rs 1,62,018 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.50 per cent to Rs 2,69,551 per kg.