New Delhi, April 1 -- Gold and silver prices extended their rally for a third straight session on Wednesday, April 1, after US President Donald Trump said he expects the war with Iran to conclude within two to three weeks.

The COMEX gold rate today was trading 1.25% up to $4,737 per ounce, after gaining 3.5% in the previous session. Meanwhile, the COMEX silver rate today was up 0.42% to $75.23 per ounce during the Asian trading hours.

US President Donald Trump indicated that Washington had largely achieved its military objectives and suggested that responsibility for resolving tensions around the Strait of Hormuz should now fall to other countries.

Earlier on Tuesday, Iranian state media cited President Masoud Pezeshkian as saying that...