Silver rockets Rs 7,700/kg, gold rises Rs 2,500/10 gm as Iran war peace talks, falling oil prices spur buy
- Posted on May 6, 2026
- By Business News Today
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- 1 min read
Silver rockets Rs 7,700/kg, gold rises Rs 2,500/10 gm as Iran war peace talks, falling oil prices spur buy
Gold and silver opened sharply higher on MCX on Wednesday as a weaker dollar and easing oil prices eased inflation concerns and rate worries. Sentiment also improved on optimism around a possible US-Iran peace deal. MCX silver rose 3.1% to Rs 2,52,000/kg, while gold gained 1.7% to Rs 1,52,182/10g. US President Donald Trump hinted at progress in talks, though Iran gave no immediate response.
