Gold prices remained elevated even as hopes of a diplomatic breakthrough in the Middle East improved investor sentiment.
Gold prices remained elevated even as hopes of a diplomatic breakthrough in the Middle East improved investor sentiment.
Indian benchmark indices turned lower on Tuesday as investors booked some profits following Monday’s sharp gains and remained cautious ahead of the Reserve Bank of India’s monetary-policy decision. The Nifty 50 fell 0.64% to 24,614.90, while the Sensex declined 0.27% to 78,428.95. Financial and IT stocks were among the major drags.
The US-Iran conflict remains a major global-market focus, although diplomatic efforts have provided some hope of de-escalation. Qatar said mediators were making progress in efforts to end the conflict, while discussions have centred on arrangements that could eventually help restore safe passage through the strategically important Strait of Hormuz. The Strait is crucial for global […]
Precious metals remain on investors’ radar as geopolitical uncertainty continues alongside changing expectations around global interest rates. Gold continues to benefit from its safe-haven status during periods of conflict, while silver is being influenced by both investment demand and its industrial applications.
Indian equity markets are expected to begin Tuesday on a cautious note after the introduction of the new Closing Auction Session triggered significant volatility toward Monday’s close.
Global markets are closely watching developments between Washington and Tehran after US President Donald Trump said talks with Iran were underway, while Iranian officials disputed the US account of the negotiations.
The Indian rupee remains under pressure from geopolitical uncertainty even as domestic equities have shown resilience. Currency traders are closely tracking the US-Iran situation, crude oil movements and foreign institutional flows, all of which can influence demand for the dollar.
Indian benchmark indices are expected to open higher on Monday after global cues improved and crude oil prices fell sharply.
The Reserve Bank of India’s Monetary Policy Committee has begun its three-day meeting, with the policy announcement scheduled for August 5.
Gold and silver remain under close watch as investors assess the outlook for global interest rates, currency movements and geopolitical risks.
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