01 Mar 2026 | 5 Mins Read
Geopolitical Tensions May Boost Gold and Silver
Flipitmoney
Gold and silver prices surged due to escalating US-Israel and Iran tensions, with international spot prices of silver closing 7.85% higher to $93.82 per ounce and gold up 1.97% at $5,296.40 per ounce. Analysts estimate gold prices to reach Rs 1.70 lakh per 10 grams and silver at Rs 3 lakh per kilogram in the short term due to increased volatility and risk-off sentiment.