The Economic Times

Gold prices rise above Rs 1.51 lakh/10 grams, silver drops around 1% amid hopes of Iran-US war de-escalation

Gold prices edged up while silver declined as the dollar weakened on hopes of an end to the Iran-US-Israel conflict. Both US and Iranian leaders expressed optimism about de-escalation, with Washington suggesting a swift withdrawal. This geopolitical easing, despite ongoing market caution, influenced precious metal movements.