Gold, Silver Prices Soar Amid US-Iran Tensions, Russia-Ukraine Stalemate

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News18•19-02-2026, 19:15
Gold, Silver Prices Soar Amid US-Iran Tensions, Russia-Ukraine Stalemate
- •Silver jumps Rs 18,000 to Rs 2.6 lakh/kg; gold scales Rs 1.58 lakh/10g level in national capital.
- •Precious metal prices surged over 7% due to firm global trends and increased safe-haven demand.
- •Escalating US-Iran tensions and collapse of Russia-Ukraine negotiations fuel geopolitical risk.
- •Investors shift capital from risk-sensitive assets to traditional safe-haven assets like gold.
- •Market awaits key US macroeconomic data (GDP, PCE inflation) for Federal Reserve interest rate outlook.
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