New Delhi, June 13 -- Gold, silver prices in your city, June 13: The yellow metal prices rose amid several geopolitical developments, including Israel's attack on Iran, US President Donald Trump's assertion that he would send tariff letters to trading partners, and interest rate cut hopes due to lower-than-expected US inflation data.

Gold prices crossed the Rs.1 lakh mark on Friday, June 13, following geopolitical tensions between Israel and Iran, while silver prices crossed the Rs.1 lakh/kg mark last week.

In terms of returns, gold cost rose 30 per cent since last year, returned 15 per cent CAGR since 2001; and since 1995, it has beaten inflation by over 2-4 per cent, data shows.

In the midst of ongoing global tensions, commodities su...