Gold Soars as U.S.-Iran Peace Eases Oil Inflation Worries

Bullions Updates

Gold prices concluded the trading session with an increase of 1.06%, reaching Rs 142,883. This uptick was bolstered by short covering as investors evaluated the diplomatic initiatives aimed at alleviating tensions between the United States and Iran. Reports of potential Read More …

Gold Falls as Crude Oil Climbs and U.S.-Iran Tensions Shake Markets

Bullions Updates

Gold prices declined 1.25% to settle at Rs 143,478, influenced by rising crude oil prices and escalating U.S.-Iran tensions, which bolstered expectations that the Federal Reserve may sustain a restrictive monetary policy for an extended period. Minutes from the Fed’s Read More …

Silver is down as markets await Fed and US Iran Deal clarity

Bullions Updates

Silver prices experienced a decline of 0.54%, settling at Rs 250,105, as investors took a cautious approach in anticipation of the U.S. Federal Reserve’s monetary policy decision and sought additional clarity regarding the proposed U.S.-Iran peace agreement. Despite a decline Read More …

Demand for gold rises as oil prices fall

Bullions Updates

Gold prices ended 1.07% higher at Rs 150,528, recovering amid improving sentiment after crude oil prices declined on rising expectations of a potential peace agreement between the United States and Iran. Market sentiment was supported after U.S. President Donald Trump Read More …