
Gold and silver prices opened higher on the Multi Commodity Exchange of India on Friday as concerns over inflation and higher interest rates eased. Investor sentiment also remained supported by optimism around a possible peace deal between the U.S. and Iran, despite fresh attacks in the region.
In a post on Truth Social, Donald Trump said U.S. forces had destroyed Iranian targets involved in the confrontation, including small boats and drones. He also warned Iran of further military action if it failed to reach a nuclear agreement.