India, June 16 -- Gold prices in India have climbed a steep slope in the past few days amid escalating tensions between Israel and Iran, with today's Multi Commodity Exchange Of India Ltd (MCX) gold index quoted at Rs.1,00,314 for every 10 grams of the metal at 6.20 am.

After Israel attacked targets at several locations across Iran on Jun 13, under the codename Operation Rising Lion, gold prices in the country have been experiencing a significant surge. On Jun 12, the day before the attack, the MCX gold index was priced at Rs.98,110 for every 10 grams. On Jun 13, the rate soared up to Rs.1,00,165.

According to a Livemint report, experts say that gold and silver are safe haven bets that investors can make in these volatile markets. Year-...