MCX gold July futures rise 0.34% to Rs 1,45,708 per 10 grams as US-Iran talks sway bullion

On June 22, MCX gold July futures climbed 0.34% to Rs 1,45,708 per 10 grams, while MCX silver July futures gained 0.87% to Rs 2,35,206 per kg. Spot gold also rose, at one point up 1.6% to $4,220 an ounce, after progress was reported in the first round of US-Iran peace talks, according to Qatar and Pakistan. Risk demand strengthened again after Donald Trump warned on Truth Social of tougher military action against Iran. The developments triggered intraday swings in precious metals.