Gold and silver futures prices rallied on the MCX on July 22, 2026.
August gold futures gained over 1% during the session. Prices for the metal crossed the ₹1,44,500 per 10 grams mark.
September silver futures also jumped more than 1%. Silver traded above ₹2,26,000 per kilogram.
Rising geopolitical tensions in the Middle East triggered a flight to safe-haven assets. Investors expect the U.S. Federal Reserve to keep interest rates unchanged at its next meeting.
Traders created fresh positions as spot demand remained firm.