Gold reached a new record high of $4,700 an ounce as geopolitical tensions fueled safe-haven demand, while silver also surpassed $95. A weaker dollar and expectations of US interest rate cuts are further supporting the precious metals’ rally.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the