Archive · 21 Jul 2026
Gold and Silver Prices Surge Amid Middle East Tensions
Gold and silver prices went up on Tuesday because people are worried about the situation in the Middle East.
When there's trouble in the world, people often buy gold and silver because they're seen as safe investments.
The price of oil also went down, which made people feel a bit better, but they're still worried about what might happen next.
Experts say that the prices of gold and silver have been going up and down a lot lately because people are trying to figure out what the US Federal Reserve will do with interest rates.
Higher interest rates can make gold and silver less attractive because they don't pay any interest, but the uncertainty in the world is still making people want to hold onto them.
Gold futures for August delivery climbed 1.03% to Rs 1,42,848 per 10 grams.
Silver futures for September delivery rose 1.54% to Rs 2,21,780 per kg.
Brent crude slipped below $90 per barrel amid diplomatic efforts in the Middle East.
International gold prices moved higher after US airstrikes on Iran ended.
Geopolitical risks and US Federal Reserve's interest rate path are influencing bullion prices.
- Who
- Investors and commodity market experts
- What
- Gold and silver prices surged due to safe-haven demand amid Middle East tensions
- When
- Tuesday
- Where
- Mumbai, India
- Why
- Persistent geopolitical tensions and easing crude oil prices boosted demand for safe-haven assets
Safe-Haven Demand
Interest Rate Concerns
Geopolitical Tensions
Safe-Haven Demand
Persistent geopolitical tensions in the Middle East boost demand for safe-haven assets like gold and silver.
Interest Rate Concerns
Geopolitical risks create uncertainty, which can drive investors towards safer assets.
Interest Rates
Safe-Haven Demand
Safe-haven demand supports gold and silver prices despite higher interest rates.
Interest Rate Concerns
Higher interest rates reduce the appeal of non-yielding assets like gold, increasing the opportunity cost of holding them.
- Gold Futures (August Delivery)
- Rs 1,42,848 per 10 grams (Intraday High)
- Silver Futures (September Delivery)
- Rs 2,21,780 per kg (Intraday High)
- Brent Crude Price
- Below $90 per barrel
- US Federal Reserve
- Potential further monetary tightening
- US Dollar
- Stronger US dollar exerts pressure on bullion prices