June 13, 2025, New Delhi Tensions over Israel's military strikes on Iran sent gold and silver prices skyrocketing. Investors flocked to safe haven assets, sending both metals soaring. New Gold and Silver Rates In New Delhi, the price of 99.9 per cent pure gold rose by Rs 2,200 to Rs 1,01,540 per 10 grams, nearing a record high. 99.5 per cent pure gold rose by Rs 1,900 to Rs 1,00,700 per 10 grams. Silver rose by Rs 1,100 to a record high of Rs 1,08,100 per kg. Gold for August delivery on the Multi Commodity Exchange (MCX) touched a record high of Rs 1,00,403 per 10 grams by a gain of Rs 2,011, but later traded at Rs 99,906. Gold rose $28.30 to $3,415.13 an ounce in the global market. Reasons for the price increase According to experts, Iran-Israel tensions have increased the risk of a full-scale war in the Middle East. US President Trump's unilateral tariff threats have fueled global economic uncertainty. Weak US inflation data has reinforced expectations of a Federal Reserve interest rate cut, which Gold demand increased. Future trends Experts say that gold prices are expected to increase further due to global instability. Investors are keeping an eye on the University of Michigan's consumer sentiment report, which could have an impact on gold prices and monetary policy. Conclusion The Iran-Israel conflict has made gold and silver a safe haven for investors. The recent increase in the prices of both metals reflects global uncertainty. Consult experts before investing.