31 January 2024
Amid escalating tensions in the Middle East, gold and silver prices have seen a notable surge. Gold opened on the Multi Commodity Exchange at Rs 62,397 per 10 grams, while silver started at Rs 72,418 per kg. Analysts predict gold may trade between $2,020 and $2,040, with silver following suit in its price bracket, indicating heightened investor interest in precious metals as safe-haven assets during geopolitical uncertainties.