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Gold, silver rise over 1 per cent as Middle East conflict fuels safe-haven demand
Updated On: 04 March, 2026 02:27 PM IST | New Delhi | mid-day online correspondent
On the Multi Commodity Exchange (MCX), gold April futures rose 1.04 per cent to Rs 1,62,790 per 10 grams at around 11:30 am. Meanwhile, silver May futures climbed 1.84 per cent to Rs 2,70,200 per kilogram during intraday trading
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Gold and silver prices surged more than 1 per cent on Wednesday as escalating tensions between the US-Israel alliance and Iran drove investors towards safe-haven assets.
On the Multi Commodity Exchange (MCX), gold April futures rose 1.04 per cent to Rs 1,62,790 per 10 grams at around 11:30 am. Meanwhile, silver May futures climbed 1.84 per cent to Rs 2,70,200 per kilogram during intraday trading.
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