Gold prices have unexpectedly fallen despite escalating geopolitical tensions, a departure from their safe-haven status. A strong U.S. dollar, rising Treasury yields, and profit-taking after a prior rally are suppressing bullion. While the near-term outlook is choppy, long-term prospects remain constructive due to persistent geopolitical risks and inflation concerns.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian
May 28, 2026