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    Silver tanks nearly Rs 4,000, gold slips Rs 1,600 as Strait of Hormuz tensions reignite inflation fears. Time to sell?

    Gold and silver prices declined on MCX amid a stronger U.S. dollar and escalating tensions around the Strait of Hormuz, which pushed oil prices higher and revived inflation concerns. Analysts advise a buy-on-dips strategy despite volatility, citing key support levels and geopolitical developments influencing precious metals.

    Gold falls on stronger dollar amid renewed US-Iran tensions

    Gold prices dropped significantly on Monday. The U.S. dollar strengthened, making gold more expensive for buyers using other currencies. Meanwhile, oil prices surged amid rising tensions between the U.S. and Iran. This situation has revived concerns about inflation. India's gold demand remained subdued due to high prices. Other precious metals also saw declines.

    Will gold price reach $4,900 or fall towards $4,500 and silver rate touch $90 or slip below $60 this month? Market outlook, analysts insights and investor strategy

    Will gold price reach $4,900 or fall towards $4,500 and silver rate touch $90 or slip below $60 this month? Gold held steady and moved toward a fourth weekly gain as hopes of a US-Iran peace deal shaped inflation and interest rate expectations. The dollar fell and oil eased. Indian banks paused imports. Silver gained momentum. Analysts now discuss price targets, risks, and investor strategy for this month.

    Indian banks halt gold, silver imports amid delay in government clearance, sources say

    Indian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of bullion stuck at customs. India, a top global consumer, risks supply shortages and rising premiums if delays continue.

    Silver gains Rs 1,500, gold at Rs 1.53 lakh as investors eye Iran war peace talks. Key levels to watch today

    Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held near record levels. Analysts expect volatility ahead, with key support and resistance levels in focus as traders track dollar movement and crude oil trends.

    Gold eyes fourth weekly gain on hopes of US-Iran peace deal

    Gold prices held steady, nearing a fourth weekly gain as hopes for a U.S.-Iran peace deal eased inflation and interest rate concerns. A ceasefire between Lebanon and Israel, coupled with potential weekend talks between the US and Iran, boosted optimism. Despite stable U.S. unemployment claims, employers remain cautious due to the ongoing conflict.

    The Economic Times
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