New Delhi, March 17 -- Gold rates today in India increased again amid escalating tensions between US-Israel and Iran, which have been involved in clashes for the past three weeks. The heightened tensions in the Middle East along with the volatility in dollar made investors rush towards the yellow metal for a safe haven asset.

MCX gold April contracts increased by more than Rs.650 per 10 grams to 1,57,130. In the previous session, the MCX gold April futures contract ended at Rs.1,55,736 per 10 grams, losing about 2%.

The rise in gold price in India comes as the US-Iran war in the Middle East enters its third week with no indication of cooling down.

Take a look at the gold prices in your city today, including Delhi, Mumbai, Kolkata, Chen...