Gold prices rise by Rs 1,000/10g, silver up Rs 3,100/kg on hopes of Iran peace talks. Key levels to watch today

Gold and silver prices rose in domestic markets on hopes of Iran-US diplomatic talks to prevent further escalation in the Middle East. MCX silver futures for September 2026 delivery gained Rs 3,109 to Rs 2,21,509 per kg, while gold futures for August 2026 delivery rose Rs 1,000 to Rs 1,42,390 per 10 grams, marking a second consecutive session of gains. Internationally, spot gold was up 0.5 percent at $4,023.56 per ounce and silver climbed 0.9 percent to $56.93 per ounce, while oil prices slipped as markets weighed mediation efforts between Washington and Tehran.