Gold and silver prices witnessed a sharp rally on MCX, with gold April futures jumping over 2% to hit ₹1.60 lakh per 10 grams and silver soaring nearly 6%. The surge comes amid escalating US-Iran tensions, a sharp fall in the dollar index, fresh tariff uncertainty after the US Supreme Court ruling, and concerns over slowing US GDP growth. Analysts expect continued volatility this week, with safe-haven demand driving momentum in bullion markets.