Gold Demand Soars Amid Global Tensions: Kanpur Traders Predict Further Price Hikes

• Rising Iran-Israel-America tensions fuel gold and silver price surge, impacting common people's pockets.
• Gold acts as a 'safe haven' investment during global uncertainty, drawing investors from stock markets.
• Central banks worldwide, including India's RBI, are increasing gold reserves, reducing market supply and driving prices up.
• Countries are diversifying away from the dollar in international trade, using local currencies or gold, boosting demand.
• Kanpur bullion traders anticipate continued price increases if global tensions and central bank purchases persist.