New Delhi, March 5 -- Gold and silver prices rose in Thursday's session, supported by safe-haven buying, as tensions in the Middle East escalated, while a stronger dollar and concerns around the US Federal Reserve's monetary policy capped gains. Investors are also awaiting key US economic data releases.

Gold, which usually remains hot during periods of geopolitical tensions, gained $70 per troy ounce on Comex to $5,204 per ounce on 5 March but failed to hold on to those gains as it slipped to $5,140 at the time of writing this report.

The May silver futures contract, too, pulled back to $83 after reaching an intraday high of $85.75, which was $2.60 higher than the previous close.

The US dollar index resumed its gains after a breather i...