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The Economic Times
The Economic Times
Veer Sharma

Silver gains, gold nears Rs 1.6 lakh as Israel-Lebanon ceasefire fuel Middle East resolution hopes. Key levels to watch today

Gold silver Israel Lebanon MCX United States Donald Trump Iran crude oil Oil

Gold and silver prices opened higher on the Multi Commodity Exchange (MCX) on Thursday as a softer U.S. dollar and easing crude oil prices lent support to the precious metal. Investors also weighed renewed optimism around a potential resolution to the U.S.-Israeli conflict with Iran.

In the domestic market, MCX silver futures for July 2026 delivery were up Rs 753 to Rs 2,63,711 per kg. Gold futures for August 2026 delivery were up Rs 840 at Rs 1,59,366 per 10 grams. In the previous session, silver and gold ended lower by up to 1.45%.

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