Gold prices rise by Rs 1,000/10g, silver up Rs 3,100/kg on hopes of Iran peace talks. Key levels to watch today

Gold and silver prices extended gains for a second straight session on the MCX on Tuesday, supported by renewed U.S.-Iran diplomatic efforts. However, gains were tempered by caution after Yemen's Houthis threatened a naval blockade on Saudi Arabia, fuelling concerns over a fresh spike in crude oil prices.