Gold Price Prediction: Gold hits record high of Rs 1,00,403/10g on Iran-Israel tensions; can the uptrend continue?

June 13, 2025

Gold prices surged on MCX, breaching ₹1 lakh per 10 grams amid Israel-Iran tensions and a weaker dollar. Silver also saw gains, while geopolitical uncertainty and potential oil supply disruptions fueled safe-haven demand. Analysts suggest a ‘buy on dips’ strategy, anticipating further price increases in the coming months, with key support levels to watch.

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