The Iran-US conflict continues to create uncertainty in global markets after Tehran rejected Washington’s claim that the United States has full control over the Strait of Hormuz.

Gold and silver prices moved higher in domestic markets today as investors continued to seek protection amid geopolitical uncertainty. According to early market data, gold stood at around Rs. 1,55,100 per 10 grams, while silver was around Rs. 2,38,730 per kg.

The US-Iran conflict remains a major global-market concern after negotiations over the Strait of Hormuz ran into fresh difficulties. Iran has hardened its conditions for reopening the strategic waterway, while new attacks on commercial shipping have added to concerns about the safety of international trade routes.

Indian equity benchmarks are expected to open around flat levels today after a weak session on Tuesday. The Sensex fell 388 points to 78,154, while the Nifty 50 declined 112 points to 24,471.70, as higher crude prices and uncertainty surrounding the US-Iran conflict weighed on investor sentiment.

Gold remains firmly on investors’ radar as geopolitical uncertainty continues across West Asia. The continued standoff around the Strait of Hormuz and uncertainty over the US-Iran negotiations are encouraging investors to retain exposure to traditional safe-haven assets.Gold remains firmly on investors’ radar as geopolitical uncertainty continues across West Asia.

Indian benchmark indices are expected to begin Tuesday’s session on a cautious note as global markets remain subdued and investors assess the latest corporate earnings.

The conflict involving the US and Iran continues to influence global markets after Tehran outlined new conditions linked to the reopening of the Strait of Hormuz. Iran has said that passage through the strategic waterway could involve service fees and has demanded changes in US policy as part of any arrangement.

Precious metals continue to attract investor attention as geopolitical uncertainty remains elevated. Recent domestic market data showed gold and silver maintaining strong levels, with 24-carat gold around Rs. 15,199 per gram and silver around Rs. 234.36 per gram on Monday.

Indian equity markets are expected to begin Monday’s session on a cautious note as rising crude prices and renewed geopolitical concerns weigh on sentiment. The Sensex had ended the previous week at 78,499.17, while the Nifty closed at 24,570.65, registering weekly gains of 0.52% and 0.77%, respectively.

Foreign portfolio investors have made a strong return to Indian equities, investing around Rs. 12,921 cr. during the first week of August. The inflow follows an investment of approximately Rs. 20,200 cr. in July and marks a notable turnaround after four consecutive months of heavy selling.