Gold Surges Amid US-Iran Tensions, Crude Nears Six-Month High
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CNBC TV1819-02-2026, 23:37

Gold Surges Amid US-Iran Tensions, Crude Nears Six-Month High

  • Gold prices surged to $4,990.87 per ounce, up 0.24%, due to escalating US-Iran conflict.
  • WTI crude oil hovered near a six-month high, fueled by supply fears from rising tensions.
  • UN nuclear watchdog warns Iran's diplomatic window is narrowing amid US military build-up.
  • MCX Gold Futures for April 2 delivery rose 0.28% to ₹1,56,190 per 10 grams.
  • MCX withdrew the additional 3% margin on gold futures contracts, initially a risk management measure.

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