Precious metals surge over US-Iran war tensions, softer dollar
Gold and silver prices went up on Friday after a mild dip in the previous session, driven by conflict in the Middle East and a softer dollar.
MCX gold April futures gained 0.64 per cent to Rs 1,60,700 per 10 grams on an intra-day basis. Meanwhile MCX silver May futures gained 1.87 per cent to Rs 2,67,100 per kg.
Earlier in the day, silver prices on MCX had jumped 2.6 per cent while gold advanced over 1 per cent followed by profit booking.