Gold and Silver Soar: Dollar Weakness, Geopolitical Tensions Fuel Price Hike

• Gold and silver prices are rising in the domestic futures market, supported by strong spot demand.
• Dollar weakness and ongoing geopolitical uncertainties are key factors driving the price increase.
• MCX Gold February futures climbed by 498 rupees (0.36%) to 138,240 rupees per 10 grams.
• MCX Silver March futures increased by 3,041 rupees (0.72%) to 246,365 rupees per kilogram.
• Experts recommend buying MCX Gold (Feb) at 137200 (target 138400) and MCX Zinc (Jan) at 306 (target 311).

Why It Matters: Gold and silver prices are surging due to a weaker dollar and global geopolitical instability.