US-Iran war, March 1 -- The joint attack by the US and Israel on Iran has raised geopolitical risks, dealt a blow to investors' already weak risk appetite, and boosted commodity prices, including crude oil, gold, and silver.
US gold futures for April delivery jumped 1% to end at $5,267.20 per troy ounce on Friday, rising 11% for February. The futures market saw gold prices rising for the eighth consecutive month.
Silver futures for May surged 6.5% to end at $93.64 per troy ounce on Friday. On a monthly basis, the white metal soared by more than 18% in February, marking the 10th consecutive month of gains.
On the MCX, gold's April futures contract settled at Rs.1,62,104 per 10 grams, rising 1.50%, while silver's May futures contract set...
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