Spot gold dropped to a one-month low following the Federal Reserve’s decision to hold interest rates steady, with expectations of higher rates for longer. A stronger dollar and ongoing Middle East conflict, including an escalation involving Iran’s Pars gas field, further pressured gold prices.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026