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Gold prices surged on MCX, breaching 1 lakh per 10 grams amid Israel-Iran tensions and a weaker dollar. Silver also saw gains, while geopolitical uncertainty and potential oil supply disruptions fueled safe-haven demand. Analysts suggest a 'buy on dips' strategy, anticipating further price increases in the coming months, with key support levels to watch.
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News and Media
Despite a massive attack by Israel on Iran, the United States still aims to proceed with planned talks on Sunday, according to a US official. Oman had scheduled the talks, involving Steve Witkoff, a negotiator close to President Trump.
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News and Media
Iran-Israel War news: In a dramatic escalation, Israel launched Operation Rising Lion, striking nuclear and military infrastructure deep within Iran, citing concerns over Iran's nuclear weapons program. Prime Minister Netanyahu declared it a necessary act for Israel's survival and regional defense. The strikes have heightened tensions, raising fears of broader conflict and significant impacts on global trade and diplomatic relations.
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News and Media
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