Gold and silver prices surged 6% after the government raised effective import duties on both metals to 15% from 6%, targeting a widening import bill and geopolitical pressure stemming from the West Asia crisis.
Posts by technical
Geopolitical Flashpoints and Macro Crosswinds Keep Bullion Markets in Check
Gold prices slipped below $4,700 and silver below $80, retracing a portion of last week’s gains after President Trump publicly rejected Iran’s diplomatic response as “TOTALLY UNACCEPTABLE,” keeping inflationary concerns elevated.
Silver Surges as Iran Tensions Reignite Safe-Haven Demand
Silver surged over 6%, recovering from early-session weakness to reach its highest price in nearly two months, as investors tracked US-Iran nuclear negotiations. President Trump’s characterisation of the Iran ceasefire as being on “massive life support” has driven risk aversion among traders.
Safe-Haven Rally Amid US–Iran Diplomacy and Pre-NFP Caution
Gold and Silver have resumed their upward trend, supported by optimism around a potential US–Iran peace deal that is weakening the safe-haven appeal of the USD.
Why Purity Matters Before You Buy: Hallmarked Gold Explained
Gold is the second name of trust, value, and long-term security. Whether you buy it for celebrations, investments, or savings, one factor you will always look for is purity. Here,…
What is the eligibility for a Gold loan? Explained in this blog.
Gold loans have become one of the most convenient financing options for individuals who need quick access to funds without tedious paperwork. Whether you need it for medical emergencies, to…
Gold SIP: Why is this investment gaining popularity among investors?
Gold has always been one of the most trusted investment options in India. Traditionally, people invested in physical Gold through jewellery, coins, or bars. However, with changing lifestyles and growing…
Cash My Gold: Why you can turn your old jewellery into instant cash
Broken chains, old designs, single earrings, or outdated ornaments – these jewellery pieces may hold emotional value for you, but they can also become a smart financial resource when you…
Precious metals surge as Middle East diplomacy advances
Silver surged over 6% to above $78, while Gold rose approximately 3% to trade near $4,700. The primary driver was easing Middle East tensions, which pressured oil prices lower and reduced inflation concerns.
Gold, silver extend gains as weaker dollar
Gold and silver gains continue as easing US-Iran tensions, weaker dollar, and softer oil prices improve sentiment ahead of key US payrolls data.
Stock Market Highlights
Gold and silver rebound as easing Middle East tensions, weaker dollar, and macro uncertainty shift market focus toward upcoming US payrolls data.
Safe-Haven Rebound Amid Geopolitical Easing and Macro Uncertainty
Gold and silver have recovered from key support levels as Middle East de-escalation signals pressured oil prices, reducing inflation concerns. The dollar weakened against major currencies after the US indicated progress toward an Iran deal, while the yen surged to a two-month high amid intervention expectations.