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Gold, silver rise upto 1 pc as crude oil gains and US-Iran tensions persist
Updated On: 07 May, 2026 01:37 PM IST | New Delhi | mid-day online correspondent
Gold and silver prices rose on Thursday, with silver gaining nearly 1.5 per cent and gold up around 0.5 pr cent on the MCX
Precious metals trade higher on safe-haven buying. Representational Image
Gold and silver prices moved higher on Thursday, gaining up to 1 per cent in early trade as investors turned to safe-haven assets amid global tensions. The rally was supported by rising crude oil prices, a weaker US dollar and continued uncertainty over the US-Iran peace talks, as per IANS.
On the Multi Commodity Exchange (MCX), gold futures for June 5 rose to an intraday high of Rs 1,52,887, up 0.49 per cent or Rs 755 in morning. The metal also touched a low of Rs 1,52,400 during the session.
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