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Gold prices rise for 5th day over Middle East tensions

India’s Multi Commodity Exchange will remain closed for the first half of trading on Tuesday for Holi, with evening trading resuming at 5 pm

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Spot gold rose 0.8 per cent to 5,360 USD an ounce, while US gold futures gained roughly 1 per cent. Representational Pic

Spot gold rose 0.8 per cent to 5,360 USD an ounce, while US gold futures gained roughly 1 per cent. Representational Pic

Gold prices climbed for a fifth straight session in the global markets on Tuesday amid escalating conflict in the Middle East and a spike in energy prices. 

MCX gold April futures gained 2.53 per cent to Rs 1,66,199 per 10 grams on Monday, while MCX silver May futures eased 0.90 per cent to Rs 2,80,090 per kg.

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