Silver jumps Rs 8,700/kg, gold rises Rs 1,600/10g as Middle East conflict enters day 6. Time to buy or wait for dip?

Gold and silver prices opened sharply higher on the Multi-Commodity Exchange of India on Thursday. Escalating Middle East tensions boosted safe-haven demand. A softer US dollar also made bullion more attractive. MCX Gold futures for April 2026 delivery rose over Rs 1,600. Silver futures for May 2026 delivery soared by Rs 8,700.