Economy
Gold Prices Rise for Fifth Consecutive Session in India

Gold Prices Rise for Fifth Consecutive Session in India

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THE BRIEF
1

Gold prices in India rose on Tuesday, August 11, 2026, with 24K gold in New Delhi trading at ₹154,660 per 10 grams amid US-Iran tensions.

2

MCX gold futures climbed 1.22% to ₹155,210 per 10 grams, while silver futures increased by 1.05% to reach ₹240,340 per kg.

3

The price surge follows President Donald Trump's claim of 100% control over the Strait of Hormuz, which has kept global crude oil prices elevated near $88 per barrel.