Home / News / India News / Article / MCX gold rises over 2 pc while silver spikes over 3 pc amid West Asia tensions

MCX gold rises over 2 pc while silver spikes over 3 pc amid West Asia tensions

Gold and silver prices surged on Friday as investors sought safe-haven assets amid persistent West Asia tensions. Gold futures on MCX rose over 2 percent to Rs 1,42,500 per 10 grams, while silver jumped around 3 percent to Rs 2,27,799 per kg

Listen to this article :
Precious metals rally on geopolitical worries. Representational Image

Precious metals rally on geopolitical worries. Representational Image

Gold and silver prices surged on Friday, driven by safe-haven demand amid persistent uncertainty and fading hopes of de-escalation in the West Asia conflict. 

Gold futures for April 2 delivery jumped as much as 2.27 per cent, or Rs 3,167, to hit an intraday high of Rs 1,42,660 per 10 grams on the Multi Commodity Exchange (MCX) around 11:20 AM. The yellow metal was later trading at Rs 1,42,500, up Rs 3,007 or 2 per cent.

Read Next Story
Government says no energy emergency as India’s supply remains strong

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement