Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on emerging market currencies. Iran’s top negotiator is in Doha for talks. U.S. President Donald Trump indicated talks are progressing positively. However, fresh U.S. strikes on Iranian targets are also occurring.
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