Gold Price Jumps Amid US-Iran Tensions
The price of gold on MCX rose by 0.79% to Rs. 1,49,999 per 10 grams on September 30 due to ongoing geopolitical uncertainty between the US and Iran.
The value of October gold futures increased, while September silver futures advanced 0.22% to Rs. 2,25,947.
Brent crude futures rose 0.45% to USD 103 per barrel, but US West Texas Intermediate (WTI) edged higher by only 0.09% to USD 89.46 per barrel.