Gold prices are nearly flat, but poised for a weekly loss as soaring oil prices fuel inflation fears and expectations of prolonged higher interest rates. The ongoing Iran-US conflict is keeping markets on edge, with analysts predicting continued volatility. However, long-term forecasts suggest significant gold price appreciation.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped
May 31, 2026