Gold Prices Rise Today After Five-Day Pause: What's Driving the Increase?
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Gold Prices Surge After 5-Day Dip: What's Driving the Spike?
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News18•17-03-2026, 10:20
Gold Prices Surge After 5-Day Dip: What's Driving the Spike?
•Gold prices increased significantly today after a five-day decline, with 24-carat gold rising by ₹1,200 and 22-carat gold by ₹1,100 per 10 grams.
•Silver prices also saw a substantial jump, increasing by ₹4,000 per kilogram, reaching ₹2,80,000.
•The Multi Commodity Exchange reflected these gains, with Gold April futures up 0.82% and Silver May futures up 2.30%.
•International markets also showed a slight increase, with one ounce of gold priced at $5,034.27 and silver at $82.27.
•Despite a brief dip due to positive market reactions to Iran's foreign minister's comments, gold prices are expected to rise further due to international developments, the Iran conflict, and dollar instability.
