Gold prices surged past $4,500 an ounce, driven by expectations of looser US monetary policy and ongoing geopolitical tensions. This safe-haven asset has seen a significant annual rise, fueled by central bank buying, de-dollarization trends, and ETF inflows. Investors can access gold through spot markets, futures, exchange-traded products, or physical bars and coins.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen