Gold Surges ₹1945, Silver Jumps ₹5965 on MCX After Sharp Decline

• Gold and silver prices saw a strong recovery on MCX after a significant fall the previous day.
• Gold increased by ₹1945 (1.28%) to ₹1,53,363 per 10 grams; silver surged by ₹5965 (2.61%) to ₹2,34,748 per kilogram.
• The previous session saw gold fall by ₹3,350 and silver by ₹11,100, primarily due to decreased safe-haven demand.
• Progress in US-Iran nuclear talks and a stronger US dollar contributed to the earlier price decline.
• The current rise is attributed to a technical bounce, investor buying at lower levels, and uncertainty regarding the Fed's interest rate policy.