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Gold prices in Mumbai continue to surge amid West Asia conflict

Gold and silver prices surged in global and domestic markets as escalating tensions in the Middle East drove investors toward safe-haven assets. MCX gold futures crossed Rs 1.62 lakh while silver also gained sharply, with analysts expecting further upside if geopolitical tensions persist

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Representational image. File pic

Representational image. File pic

Gold and silver prices surged significantly in the last few days amid escalating conflict in the Middle East, pushing investors toward safe‑haven assets. 

MCX gold April futures on Thursday gained 0.31 per cent to Rs 1,62,018 per 10 grams on an intra-day basis. Meanwhile, MCX silver May futures gained 1.50 per cent to Rs 2,69,551 per kg, as reported by news agency IANS. 

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