New Delhi, April 7 -- Gold prices on the Multi Commodity Exchange (MCX) climbed on Monday due to increased safe-haven demand triggered by a global stock market downturn. On the MCX, gold was up by Rs.301 or 0.34%, reaching Rs.88,376 per 10 grams, while silver surged Rs.1,487 or 1.71%, trading at Rs.88,698 per kilogram.

Gold and Silver dropped more than 3% on Friday as investors sold off bullion to cover their losses from a wider market meltdown as an intensifying trade war sparked concerns of a global growth slowdown.

"Global financial markets are going through significant turbulence right now, triggered by many reasons. In such uncertain times, traders and investors should stay calm, avoid knee-jerk reactions, and wait for clear direct...