Gold and Silver Prices Rise Across Indian Retail Markets

Gold and silver became slightly more expensive in India on 21 August.

The prices were listed for different cities and for different levels of gold purity.

Twenty-four-karat gold is the purest type, while 22-karat gold is often used for jewellery.

Silver prices were also higher.

On the MCX, gold and silver futures both rose.

Gold prices around the world increased as the US dollar weakened.

Investors were also watching tensions involving the United States and Iran.

These events can make precious metals more attractive to some investors.