Precious Metal Prices Rise on Safe-Haven Buying
Gold prices surged over 1.25% in the Futures market, rising Rs 1,200 to Rs 1.62 lakh per 10 grams. Silver also climbed to Rs 2.67 lakh per kg
March 5, 2026 – Precious metal prices are seeing a sharp spike on the back of the escalating geopolitical tensions in the Middle East. Gold prices saw a strong surge in the Futures market, rising by more than 1.25%. The price increased by around Rs 1,200, reaching Rs 1,62,285 per 10 grams during trading as investors turned to safe-haven buying.
Meanwhile, silver prices also moved upward to trade at approximately Rs 2.67 lakh per kilogram.
Spot silver rose 1.3% to $84.50 per ounce. Spot gold rose by 0.8% to $5,177.26 per ounce as of 0249 GMT.
With Media Inputs
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