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From $5,400 To $6,000 — How High Will Gold And Silver Go Amid Iran-Israel Conflict?

Gold and silver prices have surged significantly amid escalating tensions in the Middle East, particularly due to the conflict involving the US and Israel's recent military actions against Iran. On March 2, COMEX gold reached $5,400 per ounce, while silver climbed to $96.930 per ounce, reflecting strong investor demand for safe-haven assets. Indian markets mirrored this trend, with gold and silver prices also hitting new highs.

From $5,400 To $6,000 — How High Will Gold And Silver Go Amid Iran-Israel Conflict?

Credit: Timesnownews

Key Highlights

  • COMEX gold rose to $5,400 per ounce, up over 2.5%.
  • Silver prices increased to $96.930 per ounce, a 2% gain.
  • In India, MCX gold opened at ₹1,65,501 per 10 grams and peaked at ₹1,68,378.
  • MCX silver started at ₹2,78,644 per kg, reaching an intraday high of ₹2,85,978.
  • The surge in prices is attributed to increased geopolitical risks amid US-Iran tensions.
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Sources

  1. From $5,400 To $6,000 — How High Will Gold And Silver Go Amid Iran-Israel Conflict?
  2. Gold rate today: Can US-Iran war fuel the gold price in India to a new peak?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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