Trump’s renewed diplomatic push to end the Russia-Ukraine war has heightened uncertainty for gold and silver. A ceasefire could reduce the geopolitical premium, but failure may push bullion to new highs, with central banks and investors boosting demand amid inflation, tariffs, and currency risks.
The Gold Edge: ETF net inflows up 4.5x in FY26
Gold ETFs witnessed a record surge in net inflows of ₹68,867 crore in FY26, driven by geopolitical risks and stock market volatility. This exceptional growth,