The recent easing of US-Iran tensions contributed to this sell-off, as investors shifted their focus to potential economic indicators that could influence Federal Reserve policy in the coming weeks.
FinTech BizNews Service
Mumbai, 29 June 2026: Gold and silver prices faced downward pressure today amid ongoing global uncertainties, with gold trading at $4,057.40 per ounce (approximately Rs1,22,990 per 10 grams) and silver at $58.35 per ounce (around Rs1,76,873 per kg), reflecting declines of 0.52% and 1.46%, respectively. The recent easing of US-Iran tensions contributed to this sell-off, as investors shifted their focus to potential economic indicators that could influence Federal Reserve policy in the coming weeks. Meanwhile, crude oil prices saw a slight increase, with WTI crude climbing to $69.58 per barrel (about Rs6,560), driven by ongoing supply concerns amid geopolitical tensions.
