Gold & Silver Prices Surge Amid Middle East Conflict

Gold and silver prices have skyrocketed as geopolitical tensions in the Middle East intensify. On Monday, 24‑carat gold jumped by Rs 5,000, bringing the price of 10 grams to Rs 1,70,309.

Analysts warn that if the crisis deepens, gold could touch Rs 2 lakh domestically or even $6,000 globally.

Silver also witnessed a sharp rally, climbing rs 9,000 per kg to reach Rs 3,25,100. Investors are flocking to safe havens as global markets reel under uncertainty.

Meanwhile, crude oil prices surged 10% internationally, hitting $80 per barrel, with projections of $100 if supply disruptions worsen.

The Indian stock market reflected the turmoil, with the Sensex plunging 2,743 points to 78,543 and the Nifty 50 dropping over 500 points to 24,659.

Experts caution that volatility will persist as long as geopolitical risks remain elevated, urging investors to brace for further market swings.