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Gold and silver also shine after America-Iran agreement! Gold rose by ₹ 2600 and silver by ₹ 5564
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Gold and silver also shine after America-Iran agreement! Gold rose by ₹ 2600 and silver by ₹ 5564

me.sumitji@gmail.com 15 Jun 2026 5 hours ago

The direct impact of geopolitical changes at the global level is clearly visible in today’s domestic bullion market. Following news of a peace agreement between America and Iran, commodity prices have shifted dramatically. Gold and silver prices surged on the Multi Commodity Exchange (MCX) immediately after the announcement, with gold jumping more than Rs 2,600 to reach Rs 1,53,157 per 10 grams and silver rising by Rs 5,564.

Why Did Precious Metals Rise Sharply?

The primary driver behind this strong rally is a positive turn in international relations. According to US President Donald Trump, Washington and Tehran have agreed to a long-awaited peace agreement. This development brings hope that the four-month conflict in Western Asia will conclude.

Both countries have announced an immediate halt to military activities on all fronts. The peace agreement news has restored investor confidence in the market, triggering a surge in buying pressure across the domestic bullion sector.

Current MCX Prices

The commodity market opened with heavy investor buying today. August delivery gold futures (AUG) on MCX opened at Rs 1,53,157 per 10 grams, representing a gain of 1.55 percent or Rs 2,629. This compares to the previous session’s close of Rs 1,50,528.

Silver has also attracted significant investor interest. July delivery silver (JUL) on MCX is up 2.26 percent, or Rs 5,564, reaching Rs 2,51,750 per kg.

Retail Bullion Market Gains

The global rally has extended to India’s retail bullion market. According to India Bullion Rates, gold has increased by Rs 2,530 (1.68%) to reach Rs 1,53,440 per 10 grams. Silver prices have jumped by Rs 5,580 (2.25%) to Rs 2,53,230 per kg.

Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.

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