New Delhi, July 21 -- The price of the yellow metal in India's retail market rose on Tuesday, 21 July, amid continued tensions between the United States and Iran.

Both 24-karat and 22-karat gold rates are showing a marginal increase across major cities. Silver prices, on the other hand, also rose in the domestic bullion market.

MCX gold rate on 21 July was trading 0.61% higher at Rs.142,890 per 10 grams. MCX silver futures, on the other hand, were trading about 1.25% higher at Rs.221,330 per kg at around 9:13 am.

Oil prices remained elevated after US President Donald Trump said Iran would pay for the deaths of three US service members, and Houthi militants in Yemen declared a maritime embargo on Saudi Arabia.

Brent crude futures, the ...