Gold and silver surge as easing US-Iran tensions boost investor confidence and revive demand for precious metals.

Rising crude oil prices and higher US bond yields trigger a sharp sell-off in precious metals

Gold and silver prices extended gains for a second straight session on MCX on Friday, with silver rising 2% and gold gaining Rs 649, as falling crude prices and hopes of a US-Iran…

Gold and silver surge as easing US-Iran tensions boost investor confidence and revive demand for precious metals.

On MCX, the yellow metal for August delivery jumped ₹2,242, or 1.49% to ₹1,52,770 per 10 grams in a business turnover of 8,948 lots.

Silver prices surged over ₹6,000 in futures trade amid improved market sentiment following a US-Iran deal announcement.