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Gold climbs Rs 1,600, silver surges Rs 5,000 amid US-Iran ceasefire hopes

Gold prices rose Rs 1,600 to Rs 1.62 lakh per 10 grams as US-Iran ceasefire hopes and seasonal demand supported bullion sentiment.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com

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AI · summaries
thehindubusinessline.comStai leggendo1 mesi fa

Gold climbs Rs 1,600, silver surges Rs 5,000 amid US-Iran ceasefire hopes

Gold rebounded Rs 1,600 to Rs 1,62,900 per 10g in India while silver surged Rs 5,000 to Rs 2,74,700/kg, tracking a 1% gain in spot gold to USD 4,530/oz on preliminary US-Iran ceasefire talks extending 60 days. The deal's lack of confirmed details keeps bullion range-bound short-term, but normalization of Strait of Hormuz traffic within 30 days would remove a key supply-chain risk factor for commodity-exposed portfolios.

originale
economictimes.indiatimes.com1 mesi fa

Silver gains Rs 1,100/kg, gold down at Rs 1.54lakh/10 gms amid mixed Iran war signals. Key levels to watch

Gold and silver opened mixed on MCX Monday, with July silver futures up Rs 1,095/kg to Rs 2,68,093 while June gold slipped Rs 1,069 to Rs 1,54,513/10g, as a stronger USD and rising crude weighed on sentiment. Unresolved Iran ceasefire uncertainty and escalating Israel-Hezbollah tensions are the key macro drivers keeping precious metals in a tight range after retreating from record highs.

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Timeline cronologica

  1. giovedì 28 maggio 2026·economictimes.indiatimes.com

    Gold falls below Rs 1.54 lakh/10 grams, silver drops by Rs 4,600/kg as fresh US-Iran strikes raise worries

    Gold and silver prices on MCX plunged as US-Iran strikes boosted the dollar and oil, triggering inflation fears. Both metals hit multi-month lows as heightened geopolitical…

  2. giovedì 28 maggio 2026·economictimes.indiatimes.com

    Gold rebounds after Iran and US reach outline ceasefire deal

    Thursday saw a resurgence in gold prices, which jumped more than one percent as they bounced back from a two-month low. This recovery was fueled by the hopeful prospects of an…

  3. venerdì 29 maggio 2026·thehindubusinessline.com

    Gold inches up as investors eye US-Iran ceasefire deal

    Gold ​edged higher on Friday as investors assessed reports ⁠of a U.S.-Iran ceasefire deal amid growing concerns around inflation and U.S. interest rate hikes.

  4. venerdì 29 maggio 2026·economictimes.indiatimes.com

    Silver drops Rs 1,500/kg, gold at Rs 1.56 lakh/10 gms as Iran war tensions weigh. Key levels to watch

    Gold and silver prices on the MCX opened slightly lower on Friday, with silver July futures falling 0.5% to Rs 2,68,018 per kg and gold June futures slipping marginally to Rs…

  5. venerdì 29 maggio 2026·thehindubusinessline.com

    Gold climbs Rs 1,600, silver surges Rs 5,000 amid US-Iran ceasefire hopes

    Gold prices rose Rs 1,600 to Rs 1.62 lakh per 10 grams as US-Iran ceasefire hopes and seasonal demand supported bullion sentiment.

  6. lunedì 1 giugno 2026·economictimes.indiatimes.com

    Silver gains Rs 1,100/kg, gold down at Rs 1.54lakh/10 gms amid mixed Iran war signals. Key levels to watch

    Gold and silver traded mixed on MCX on Monday, with gold futures falling Rs 1,069 to Rs 1,54,513 per 10 grams, while silver futures rose Rs 1,095 to Rs 2,68,093 per kg. Prices…