MCX gold futures fall, silver drops amid West Asia tensions

Spot gold up, US futures dip

While spot gold nudged up a bit worldwide, US gold futures actually dipped.
Geopolitical worries like Israeli strikes on Lebanon and possible trouble near the Strait of Hormuz have made investors turn to gold for safety — even though prices are still down over 10% since February.
Rising oil prices and inflation talk are also making things extra unpredictable for anyone keeping an eye on their investments or future purchases.