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New Delhi. In the bullion market today, there has been a strong rise in the prices of gold and silver for the second consecutive day. Today, a huge increase of about Rs 1,600 has been recorded in the price of gold on the commodity exchange MCX, while silver has taken a record jump by Rs 4,700. Due to geopolitical tension in the international market and many other major reasons, the trend of investors is once again increasing rapidly towards safe investment i.e. bullion market.

Why did gold and silver prices rise?

There is currently an atmosphere of uncertainty in the markets around the world. Although there have been some positive signs of resumption of talks between America and Iran, investors are still adopting a very cautious attitude. The biggest reason for this is that Yemen’s Houthi rebels have openly threatened to impose a maritime blockade of Saudi Arabia. Due to this stressful situation, there is a deep concern about further rise in crude oil prices in the global market, whose direct impact is being seen on the prices of gold and silver.

What was the condition of the futures market on MCX?

A tremendous rise was recorded at the beginning of trading on MCX today. According to the data, the future price of silver for September 2026 delivery ₹4,706 Jumping straight with great speed ₹2,23,106 per kilogram But reached. Whereas in the last session, silver had closed at Rs 2,18,400 per kg and today it started trading at Rs 2,19,200 as soon as the market opened.

Similarly, the futures price of gold for August 2026 delivery also ₹1,641 becoming expensive ₹1,43,029 per 10 grams Reached the level of. Let us tell you that in the last session, gold had closed at Rs 1,41,388 and today as the market opened, it opened at Rs 1,42,386.