Gold Price Crash: Rs 10,000 Down in 4 Days Amid Iran Crisis, Global Tensions

• Indian domestic gold prices plummet for fourth consecutive day, one Tola down by approximately Rs 10,000 in 4 days.
• Silver also drops significantly, one kilogram down by Rs 30,000 in the last four days.
• Paradoxically, gold and silver prices are rising on Multi Commodity Exchange (MCX) and internationally due to escalating Iran crisis and Middle East tensions.
• Geopolitical risks and a weakening US dollar are driving gold's appeal as a safe haven asset globally.
• US-Iran conflict intensifies with a US submarine sinking an Iranian warship and NATO destroying an Iranian ballistic missile.