Gold prices on India’s Multi Commodity Exchange (MCX) rise across recent sessions as news related to the US–Iran relationship and easing Middle East tensions supports safe-haven demand. NDTV reports that the MCX gold July futures contract trades above Rs 1.5 lakh, moving to around Rs 1,50,942 per 10 grams, up slightly in one report. In another update, MCX gold July futures jumps more sharply, gaining about 1.69% or roughly Rs 2,500 to reach Rs 1,51,237 per 10 grams after an announcement of a US–Iran deal. Silver also follows the trend, with NDTV citing a decline in one snapshot for MCX silver July futures and gains in the other, where silver rises about 2.54% or Rs 6,261 to Rs 2,52,447 per kg. Overall, the reports point to day-to-day volatility in precious metals prices on MCX, with gold moving higher and silver reacting in tandem around the same developments.
MCX Gold rises above Rs 1.51 lakh as US-Iran deal news supports safe-haven demand
Gold prices on India’s Multi Commodity Exchange (MCX) rise across recent sessions as news related to the US–Iran relationship and easing Middle East tensions supports safe-haven demand. NDTV reports t...
- MCX gold July futures trade above Rs 1.5 lakh per 10 grams, reaching about Rs 1,50,942 in one update.
- MCX gold July futures rises by about 1.69% (around Rs 2,500) to Rs 1,51,237 after US–Iran deal-related news.
- MCX silver July futures fluctuate, with one report showing a decline to about Rs 2,50,586 per kg.
- In another update, MCX silver July futures increase by about 2.54% (around Rs 6,261) to Rs 2,52,447 per kg.
- Both updates link price movement to changes in Middle East tension expectations and the US–Iran deal announcement.
MCX gold July futures contract rose 0.01% to Rs 1,50,942 per 10 grams, while the MCX silver July futures dipped 0.35% to Rs 2,50,586 per kg.
3 hours agoMCX gold July futures contract jumped 1.69% or Rs 2,500 to Rs 1,51,237 per 10 grams, while the MCX silver July futures climbed 2.54% or Rs 6,261 to Rs 2,52,447 per kg.
1 day agoMCX gold July futures contract jumped 1.69% or Rs 2,500 to Rs 1,51,237 per 10 grams, while the MCX silver July futures climbed 2.54% or Rs 6,261 to Rs 2,52,447 per kg.
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