Gold and silver began Wednesday’s session with strong gains on the Multi Commodity Exchange of India as intensifying US-Israeli air strikes on Iran and mounting geopolitical tensions spurred increased buying in safe-haven assets.
April 2026 gold futures on the MCX climbed by more than Rs 2,157, or 1.33%, to trade at Rs 1,63,265 per 10 grams. At the same time, silver contracts for May 2026 delivery jumped Rs 5,682, marking a 2.1% rise to Rs 2,71,000 per kilogram.
