In recent days, gold and silver prices in India have seen a notable increase, with gold rising by 400 rupees to reach 1.6 lakh rupees per 10 grams and silver increasing by over 8,000 rupees. Just a few days prior, silver was priced near 2.25 lakh rupees and gold at 1.37 lakh rupees. This rapid change in the prices of these precious metals has raised concerns among experts about the underlying factors influencing such fluctuations.

The surge in gold and silver prices is attributed to two significant updates coming from the United States. Ongoing uncertainties regarding tariffs have created a volatile environment in the market. Furthermore, investors are closely monitoring the latest developments in the negotiations between the US and Iran, which are perceived as critical in determining investor behavior. The combination of these factors is driving investors towards safer assets, thus contributing to the escalation in prices of gold and silver in recent days.

As news continues to unfold regarding both the tariff situation and international negotiations, it is likely that the prices of gold and silver will remain subject to fluctuation. Investors will need to stay informed about global economic conditions and geopolitical tensions, particularly in relation to US-Iran relations, as they could significantly impact the market for precious metals in the near future.