New Delhi, June 23 -- Gold, silver prices in your city, June 23: The escalating situation in the Middle East, with the United States bombing Iran and entering the fray with Israel has bumped uncertainty in the global markets.

Amid this, experts feel that gold and silver are safe haven bets that risk averse investors can use to safeguard their portfolios.

Over the past 20 years, gold prices have skyrocketed by an impressive 1,200 per cent from Rs.7,638 in 2005 to over Rs.1,00,000 in 2025 (till June), and delivered positive returns in 16 of these years. Year-to-date (YTD), gold prices have risen 31 per cent, with consistent record highs solidifying its position among 2025's top-performing asset classes and a reliable hedge.

Further, silv...