Strong rise in gold prices, gold futures jump by Rs 1900, know the rate of bullion market
Gold Price: There has been a sharp rise in gold prices on MCX. After this, due to increasing tension between Israel and Iran in the Middle East, gold prices are seeing a rise. August gold futures on MCX have risen by Rs 1900 and opened with 1.93%.
Due to escalating military conflict between Israel and Iran, there has been a significant increase in gold prices. August gold futures on MCX have risen by Rs 1,900 and opened with a 1.93% gain. Gold prices also rose yesterday amid concerns about this conflict.
Israel bombed Iran's capital, Tehran, on Friday morning, heightening tensions in the Middle East. Israel issued a statement confirming that it attacked Iran, while Iran has warned Israel to face the repercussions.
With the sharp rise in gold prices on MCX, gold prices may also experience a notable increase in the bullion market. However, the rates for the bullion market will be updated on the IBJA website at noon.