New Delhi, March 26 -- Gold prices in India traded higher on Thursday as investors grew optimistic about a possible de-escalation in the ongoing US-Iran war in the Middle East. With the latest rise, the yellow metal has extended gains to a third straight session.

On Thursday, 26 March, MCX Gold April futures rose by 3.73% at Rs.1,44,100 per 10 grams around 12:37 PM.

According to India Bullions data, the price of 24-carat gold was Rs.1,44,840/10 gm at 12:38 AM on 26 March, and 22-carat gold was trading at Rs.132,770/10 gm during the same time.

Notably, gold prices last year experienced their strongest bull run since 1979, rising by over 75%. In recent months, gold prices have risen modestly amid strong safe-haven demand and global econo...