Sensex
77,664.00 profit arw -852.49 (-1.09%)
Nifty
24,173.05 profit arw -205.05 (-0.84%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 21-Apr-2026
Other Markets - Bullion Markets
21-Apr-2026     14:39

Gold caught between peace hopes and Hormuz tensions

Gold futures slipped below the $4,800 per ounce mark as a firmer dollar near 98 dulled safe-haven demand, with investors turning cautious ahead of a potential second round of US'Iran negotiations. While hopes of diplomatic progress have slightly capped bullion's upside, lingering tensions around the Strait of Hormuz continue to inject uncertainty into the outlook. At the same time, the energy-led inflation surge has strengthened expectations of higher interest rates, raising the opportunity cost of holding gold. With the ceasefire deadline fast approaching and no clear extension in sight, market sentiment remains finely balanced, leaving gold highly sensitive to both geopolitical headlines and macroeconomic cues. MCX June bullion futures edged lower by 0.1% to ₹153855 per 10 grams.

INDIAN INDICES

Sensex

77,664.00 -852.49 (-1.09%)

Nifty

24,173.05 -205.05 (-0.84%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,915.21 -248.04(-0.95%)