Gold Rate Today LIVE: Gold and silver prices in the international market traded higher, rebounding from a fall in the previous session, as escalating US-Israeli air strikes against Iran heightened geopolitical uncertainty and supported safe-haven demand.
Spot gold price rallied 1% to $5,138.46 per ounce, after falling to its lowest since February 20 in the previous session. US gold futures for April delivery gained 0.5% to $5,147.10 an ounce. Spot gold price has jumped 19% year-to-date, driven by global turmoil, after surging 64% in 2025.
Spot silver price rallied 1.4% to $83.27 per ounce, after falling more than 8% in the last session. Silver prices have risen more than 16% so far this year.
The US dollar strengthened, making dollar-denominated assets such as bullion more expensive for other currency holders.
US President Donald Trump told reporters that the US military had struck numerous Iranian naval and air targets, saying that “just about everything has been knocked out.”
In other commodities, spot platinum price rallied 1% to $2,104.25 per ounce, while palladium gained 0.4% to $1,653.
Stay tuned to our Gold Rate Today Live blog for the latest updates.
