India gold rises ₹1,900 to ₹1.49 lakh per 10 grams; silver jumps ₹8,500 to ₹2.30 lakh per kg

AI Market Summary
Gold and silver extended a risk-sensitive bid, with spot gold up ~1.16% to a two-week high and Indian bullion prices jumping on firm global cues and revived physical demand. Support is linked to softer expectations for near-term US-Iran progress, pre-FOMC positioning, and renewed ETF inflows. June Fed minutes signaling a narrow tilt toward another hike may cap follow-through until policy clarity improves.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT-0.97%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Spot gold climbed 1.16% to $4,125.24 an ounce, touching a two-week high of $4,140 intraday, while silver gained nearly 1% to $59.32 an ounce. In India, gold rose ₹1,900 to ₹1.49 lakh per 10 grams and silver rebounded ₹8,500 to ₹2.30 lakh per kilogram. The move was driven by a mix of firmer global cues, renewed physical demand and value buying, alongside ETF inflows. Markets were also watching developments around U.S.-Iran talks and the upcoming Federal Reserve policy meeting.