Gold prices on the Multi Commodity Exchange (MCX) have surged amid rising tensions in the Middle East, with analysts warning that any further escalation could push rates to ₹1.02–1.05 lakh per 10 grams.

The precious metal is forecast to hit US$3,400 an ounce by the end of 2025. Read more at straitstimes.com. Read more at straitstimes.com.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

Geopolitical uncertainties in the middle-middle-east have pushed gold over the ₹1 lakh per 10 grams mark. Check gold and silver rates in your city today — Chennai, Kolkata, Bengaluru, Hyderabad, Delhi and Mumbai.