New Delhi, March 30 -- Precious metals extended their gains for a second straight session on Monday, 30 March, supported by renewed safe-haven demand amid ongoing tensions in the Middle East. However, both gold and silver remain on track to post monthly losses.

May silver futures on COMEX gained $2.21 to hit an intraday high of $74 per troy ounce, extending their winning streak to a second day. Despite the recent recovery, the white metal is down a sharp 24% so far in March, and if it closes lower - which appears likely - it will mark its first monthly decline since April 2025.

April gold futures on COMEX also extended their gains, rising $119 to an intraday high of $4,611 per troy ounce. However, bullion has fallen 13% so far this mont...