Indian stock markets are currently moving in a narrow range, with both Sensex and Nifty struggling to find clear direction. After recent volatility, investors are now waiting for fresh triggers such as global cues and corporate earnings.

Gold prices have shown a modest increase as investors shift toward safe-haven assets amid ongoing geopolitical tensions. The metal continues to attract demand during periods of uncertainty.

Global markets are still reacting to the ripple effects of rising energy prices caused by geopolitical tensions. Higher fuel costs are impacting inflation and corporate profitability worldwide.

India recently faced a temporary disruption in gold and silver imports due to delays in government approvals, leaving large quantities stuck at customs.

Gold and silver prices in India remained largely stable despite ongoing geopolitical tensions and global market fluctuations. Current rates show gold trading around ₹15,400 per gram for 24K, while silver is near ₹2.64 lakh per kg.

Indian equity markets closed on a strong note, with the BSE Sensex gaining over 500 points and the Nifty 50 moving above 24,350 levels. Positive global cues and easing geopolitical tensions boosted investor sentiment across sectors.

Gold prices witnessed a noticeable correction, falling by over ₹1,300 per 10 grams in the domestic market. The decline comes after gold recently touched record levels, leading to profit booking by investors.

Silver prices remained largely unchanged at around ₹2.75 lakh per kg, showing resilience despite fluctuations in global commodity markets.

Global markets saw relief as signs of easing tensions in the Middle East emerged. Reports of a possible ceasefire and renewed negotiations helped calm investor fears.

India has allowed select banks to resume gold and silver imports after delays caused supply disruptions in recent weeks. The government has authorized 15 banks to import precious metals.