What was feared happened. War has broken out between Iran and Israel. This growing crisis in the Middle East will impact the global economy. Furthermore, the ongoing tension between Iran and Israel has reached a point where investors in the global market are becoming more worried about their money. All this is likely to have a direct impact on the prices of gold and silver in the Indian MCX market.
the shine of gold will increase
As the news of war increases, investors will start withdrawing money from the stock market and investing in gold. Experts believe that gold is always considered the safest investment in difficult times. In early 2026, gold prices broke all previous records. If tension continues, the price of 10 grams of gold in the domestic market may reach ₹ 2 lakh. The current price of 24 carat gold is ₹161,720 per 10 grams. Whereas, silver is trading at ₹ 2,85,000 per kg.
silver will also rise
Not only gold, but due to industrial demand and these war conditions, silver prices are also expected to rise sharply. On Friday, silver prices recorded a sharp rise of ₹16,000 per kg. Experts say that in war situations, there is disruption in the supply chain, due to which silver prices can return to their previous high.
What effect will this have on the common man’s pocket?
The rising prices of gold and silver are not only troubling investors but are also spoiling the budget of the common man during the wedding season. Buying jewelery is becoming out of the reach of common people. Meanwhile, the rise in crude oil prices due to the Iran-Israel war is also posing a threat of inflation.
What should investors do?
Market experts say that there will be a lot of ups and downs in the market right now. In such a situation, buying gold in small quantities during downturns instead of investing all at once can be a smart strategy. However, until the picture of the war becomes clear, risks will remain in the market.
