News > Gold prices firm up amid rising Iran-Israel tensions

Gold prices firm up amid rising Iran-Israel tensions

Gold prices recorded an increase on the Multi Commodity Exchange (MCX) as escalating tensions between Iran and Israel have driven up the demand for the safe-haven asset. Gold prices were at $2,386.8 an ounce in New York, close to the lifetime high touched earlier. Retail gold prices in India crossed the Rs 73,000 mark per 10 grams of 24-carat gold. The gold price in Delhi hovered around Rs 73,310 while in Mumbai it was around Rs 73,160 per 10 grams.