Gold prices declined by 0.56%, closing at Rs 1,53,948, as investors responded to the latest updates regarding US-Iran peace negotiations. Reports indicating advancements in extending the ceasefire, alongside ongoing negotiations concerning Iran’s nuclear program and the Strait of Hormuz, have diminished the immediate demand for safe-haven assets. Nonetheless, the downside appeared constrained as the dollar Read More
Gold experienced a decline of 0.51%, concluding at Rs 152,652, as investors exhibited caution in light of ongoing developments in the Middle East and assessed the most recent US inflation figures. In March, the Consumer Price Index experienced a significant increase of 0.9%, marking the largest monthly rise since June 2022, which elevated the annual Read More
Gold prices experienced a decline in the previous session, closing 0.93% lower at Rs 161,789, influenced by a strengthening U.S. Dollar Index, which remained near highs observed following the escalation of tensions between the United States and Iran earlier this month. The appreciation of the dollar diminished the attractiveness of bullion, as investors exercised caution Read More
Gold prices experienced an upward movement in the previous session, concluding at Rs 1,61,634, reflecting a 1.23% increase, as rising tensions between the U.S. and Iran sustained the demand for safe-haven assets. The conflict has now reached its seventh day, characterized by Iran’s missile and drone assaults throughout the Gulf, notably targeting an oil refinery Read More
