Indian equities surged over 1% on Monday, with the Nifty reclaiming the 24,000 mark, driven by optimism over a potential US-Iran agreement easing tensions and oil prices falling below $100. The rupee also climbed, and bond yields slid as volatility eased, signaling improving risk expectations.
Silver dips Rs 3,800/kg, gold at Rs 1.58 lakh/10 gms after US attacks southern Iran in fresh strikes. Should you sell?
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