Gold and silver surge sharply on safe-haven demand despite a ceasefire announced by Donald Trump. Precious metals rallied, rupee strengthened, oil prices plunged, and equities gained after the Reserve Bank of India held rates steady
Gold hovered near fresh record highs and silver reached new peaks as softer US inflation data fueled expectations of Federal Reserve rate cuts. Safe-haven demand amid geopolitical tensions further supported bullion, with both metals seeing strong buying in domestic and global markets
