Gold Glitters Again: ₹6,400 Rally in Just 3 Days
What Happened
Gold and silver extended gains for a third straight session, driven by a weaker US dollar, lower bond yields, and falling crude oil prices amid optimism over a potential Strait of Hormuz agreement. Gold rose to ₹1.49 lakh per 10 grams, while silver crossed ₹2.27 lakh per kg.
Key Takeaways
Cooling oil prices and easing rate-hike fears are boosting demand for safe-haven metals. Investors are now watching global economic data to assess whether the current momentum can turn into a longer-term rally.