Gold, silver jump over 3% on MCX amid Middle East conflict

Gold and silver prices jumped sharply on Monday amid rising tensions in the Middle East following American and Israeli strikes on Iran. As per the MCX website, gold futures with April expiry surged over 3% to ₹1,67,915 per 10 grams. Meanwhile, silver futures with a May expiry date also jumped more than 3% to reach ₹2,93,152 per kg.