Gold jumps Rs 2,000 and silver surges Rs 5,000 as Iran ceasefire gets extended by Trump

Ceasefire extension sparks relief for inflation worries

Gold and silver climbed on MCX as the US signalled an indefinite extension of the Iran war ceasefire, easing inflation fears. Traders are bracing for sharp moves as currency swings and oil-price volatility feed into commodities. Analysts point to clear technical support and resistance zones, but elevated global prices and shifting domestic trends keep caution high for buyers.