Gold and silver prices dropped sharply in Mumbai as easing West Asia tensions reduced safe-haven demand after Donald Trump signalled a pause in strikes on Iran. Weak global trends and improving sentiment pressured precious metals markets
Mumbai markets rebounded sharply as Sensex and Nifty surged in early trade, tracking global optimism after Donald Trump paused strikes on Iranian energy infrastructure. Easing oil prices and improved sentiment boosted equities, despite continued geopolitical uncertainty and recent foreign investor outflows
A drone attack in the UAE’s Fujairah triggered a fire at an oil facility amid escalating Iran-linked regional tensions. Missile interceptions and airstrikes were reported across the Middle East, including Iran, Lebanon, Saudi Arabia and Qatar, raising fears of wider conflict
President Donald Trump said a large US naval “armada,” including the USS Abraham Lincoln and warships, is heading toward the Middle East amid rising tensions with Iran. He stressed the move aims to deter escalation and prefers diplomacy over military action
