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Commodities

Gold Prices Surge Amid US-Iran Tensions and Global Uncertainty

Guavy AI Editorial Team
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Gold
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Gold prices have risen in both domestic and international markets amid ongoing global uncertainty. On Monday, August 24, gold futures on the Multi Commodity Exchange (MCX) were trading 0.65% higher at ₹1,63,870 per 10 grams.

The price of spot gold also rose to $4,627.42 per ounce in the international market, marking its highest level in over three months.

Investors are closely monitoring global developments, including tensions between the US and Iran, as well as upcoming US inflation data, which could influence market sentiment and bullion prices.

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