Gold extends gains as Middle East war boosts safe-haven demand

Gold prices surged for a fifth consecutive session, reaching a four-week high as investors sought safe-haven assets amid escalating U.S. and Israeli air strikes against Iran. Fears of a protracted regional war and deepened uncertainty are driving demand for the precious metal, with silver, platinum, and palladium also seeing gains.

Yen, euro under pressure as Middle East conflict stokes energy concerns

The yen and euro weakened Tuesday as the escalating Middle East conflict heightened concerns over energy import costs and central bank responses to inflation. The dollar strengthened due to safe-haven demand, while Japan and Europe face greater exposure to rising energy prices. Traders are now anticipating a later Federal Reserve rate cut.

Global Market Today | Asian stocks drop as inflation concerns sink bonds

Asian markets dipped Tuesday as soaring oil prices, driven by Middle East tensions, ignited inflation fears. This surge prompted investors to dial back expectations for imminent interest rate cuts. The dollar held firm, while gold saw a slight uptick. Bond yields climbed as concerns grew about energy costs impacting inflation and potentially delaying Federal Reserve […]

Rs 6.35 lakh crore wiped out as oil spike and war fears grip markets

Indian markets plunged and the rupee weakened as conflict between the US and Iran escalated, causing oil prices to surge nearly 8%. Investors are cutting back on risk amid concerns over supply disruptions in West Asia and the safety of Indian citizens. The situation raises fears of a prolonged conflict, potentially pushing oil prices to […]

Oil & gas surge as Iran war disrupts West Asian output

Oil and gas prices surged Monday following Israeli and U.S. strikes on Iran and retaliatory actions by Tehran. These events led to facility shutdowns across the Middle East and disrupted shipping in the Strait of Hormuz, impacting global energy markets and potentially fueling inflation.

West Asia tensions rattle Dalal Street; pharma and metals buck the trend

West Asian conflict’s spillover to India fueled investor uncertainty, impacting sectoral indices except pharmaceuticals and metals. Export-facing sectors and those reliant on crude oil and Gulf imports face adverse effects. Oil and gas stocks saw mixed reactions, with upstream companies benefiting from rising crude prices.