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Commodities

Gold Prices Soar as Global Tensions Rise

Guavy AI Editorial Team
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Gold
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The global gold market saw significant price increases on August 4, 2026, as investors sought safe-haven assets amidst ongoing geopolitical tensions and economic uncertainty. The MCX Gold index rose above ₹1.43 lakh per 10 grams, while Comex gold futures surpassed $4,060 per ounce.

The prices of silver, however, remained relatively steady at ₹2.35 lakh per kilogram in local markets. Market sentiment remains cautiously positive despite mild profit booking.

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