Gold surges Rs 7,000, near Rs 1.7 lakh mark after Israel-Iran war. Perfect time to invest in yellow metal?

Gold prices have dramatically surged, reaching Rs 1.68 lakh per 10 grams on MCX following major strikes in Iran. This escalation has fueled safe-haven demand amid rising global uncertainty and geopolitical tensions. Analysts predict further price increases as a new era of instability dawns, with investors closely watching economic data for future direction.