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The Economic Times
The Economic Times
Veer Sharma

Silver soars Rs 7,200/kg; gold prices surge Rs 3,300/10 gm as Iran-US reach peace agreement. Time to buy precious metals?

Gold United States silver Iran MCX Manoj Kumar Jain Oil

Gold and silver prices extended their rally for a third straight session on Monday, opening sharply higher on the Multi Commodity Exchange (MCX) after U.S. and Iranian officials announced a preliminary agreement to end their conflict.

In the domestic market, MCX silver futures for July 2026 delivery were up Rs 7,200 (2%) to Rs 2,53,345 per kg. Gold futures for August 2026 delivery rose Rs 3,301 (2%) to Rs 1,53,829 per 10 gm.

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