Startup

Gadget Ghupshup

Local Legends

Tech takes

Brokerage

Top Shows

Oil and Gold Reach Record Highs Amid Massive US-Iran Conflict and Supply Chaos

Zomato shares drop 24%, but Bernstein sees 52% upside

Rising crude oil prices create sectoral divergence in markets

Indian markets witness sharp sell-off with Nifty, Sensex down

US tech policies could impact Indian IT sector growth

Home

Personal Finance

India

Economy

Tech

Auto

Markets

Jobs

Indian Railways

World

Videos

Photos

https://www.zeebiz.com/market-news/video-gallery-gold-silver-price-recovery-after-fall-market-update-390680

Gold and silver prices witnessed a sharp recovery after a steep correction in domestic and global markets. MCX gold surged to ₹1,53,363 per 10 grams, gaining ₹1,945, while silver jumped ₹5,965 to ₹2,34,748 per kg. The rebound came after heavy selling pressure earlier, driven by easing geopolitical tensions and a strong US dollar that reduced safe-haven demand. Global markets also saw volatility as Comex gold declined 2.8% and spot prices corrected sharply. However, value buying at lower levels and technical rebound supported precious metals. Investors are now closely watching the US Federal Reserve’s interest rate outlook, as potential rate cuts could boost gold prices in the medium term. Market experts believe gold and silver may remain volatile due to fluctuating dollar index movements and macroeconomic signals. The current recovery indicates renewed investor interest, but future price trends will depend on inflation data, Fed policy decisions, and global risk sentiment. Precious metals remain a key hedge against uncertainty despite short-term corrections.

Gold and silver bounce back on value buying

<p>Gold and silver prices witnessed a sharp recovery after a steep correction in domestic and global markets. MCX gold surged to ₹1,53,363 per 10 grams, gaining ₹1,945, while silver jumped ₹5,965 to ₹2,34,748 per kg. The rebound came after heavy selling pressure earlier, driven by easing geopolitical tensions and a strong US dollar that reduced safe-haven demand. Global markets also saw volatility as Comex gold declined 2.8% and spot prices corrected sharply. However, value buying at lower levels and technical rebound supported precious metals. Investors are now closely watching the US Federal Reserve’s interest rate outlook, as potential rate cuts could boost gold prices in the medium term. Market experts believe gold and silver may remain volatile due to fluctuating dollar index movements and macroeconomic signals. The current recovery indicates renewed investor interest, but future price trends will depend on inflation data, Fed policy decisions, and global risk sentiment. Precious metals remain a key hedge against uncertainty despite short-term corrections.</p>


Gold and silver bounce back on value buying

Zomato shares drop 24%, but Bernstein sees 52% upside

Rising crude oil prices create sectoral divergence in markets

Indian markets witness sharp sell-off with Nifty, Sensex down

Recommended Videos

Oil and Gold Reach Record Highs Amid Massive US-Iran Conflict and Supply Chaos

Zomato shares drop 24%, but Bernstein sees 52% upside

Rising crude oil prices create sectoral divergence in markets

other shows