Gold and silver prices on the MCX opened lower on Tuesday as renewed U.S. strikes in Iran pushed oil prices higher, fueling concerns over sticky inflation and prolonged elevated interest rates. The weakness followed U.S. military strikes on targets in southern Iran, including missile launch sites and boats allegedly involved in laying mines, aimed at safeguarding American troops from Iranian threats.
Policy stability, relief on STT and LTCG key to winning back FPIs: Sudip Bandyopadhyay
Foreign investors are pulling money from Indian markets. Experts urge India to rethink taxes like STT and LTCG. Policy consistency is also a major concern