Gold Price Update: Impact of Iran-Israel Conflict & Market Outlook (June 2025)

Today’s Gold Price Update and the Impact of the Ongoing Iran-Israel Conflict

The rising tensions between Iran and Israel have once again made gold a safe investment option. As a result, gold prices have seen an upward trend over the past few days.

📈 Gold Price and Recent Situation

On 16th June, when Iran and Israel intensified their attacks on each other, spot gold prices in the international market touched $3,451.
Later, as hopes of easing tensions emerged, gold prices slightly declined.

On Monday, gold was trading between $3,383 and $3,451, and at the time of writing, it was at $3,398.
In India, MCX August Gold was trading at ₹99,280, down by about 1% for the day.

🌍 Current Tension and Possible Impact

Reports suggest that Iran is willing to de-escalate tensions and resume nuclear talks with the US, provided America stays out of Israeli attacks.
On the other hand, there are reports that Iran is preparing for one of the largest missile attacks in history.

Israeli Prime Minister Netanyahu urged Iranian citizens to overthrow their ruling regime. He also stated that for the past three decades, Iran’s nuclear program has been Israel’s biggest threat.
Both countries have reported casualties following Israel’s most severe military strike on Iran since the 1980 Iran-Iraq war.

📊 Last Week’s Performance

In the week ending 13th June, gold prices rose by 3.68%. The reason was the geopolitical unrest in the Middle East triggered by the Iran-Israel conflict, leading investors to turn toward gold as a safe haven.

Summary

• Gold prices have surged due to the Iran-Israel conflict.

• MCX August Gold is at ₹99,280.

• Possibility of US-Iran talks may put pressure on gold prices.

• If tensions escalate further, gold prices could rise again.