Topic
global cues
Gold surges Rs 800 in Delhi; silver steady as Fed, geopolitics, China demand steer precious metals
Gold prices in the Indian capital gained Rs 800 per 10 grams to Rs 1,47,700 on Tuesday, driven by strong physical buying and favourable global cues. Silver remained flat at Rs 2,21,500 per kg. Analysts attribute silver's recent outperformance to improving industrial demand expectations amid US-Iran diplomatic engagement and China's tech sector support, while gold continues to benefit from central bank purchases and Chinese physical demand. The US Federal Reserve is expected to keep interest rates unchanged for the rest of 2026, according to a Reuters poll.
Natural Rubber Prices Hit Record High Amid Global Supply Challenges
Natural rubber prices have surged to a record ₹267 per kg, driven by global supply shortages and rising international rates. Weather disruptions and geopolitical tensions have exacerbated the supply-demand imbalance.