India's benchmark indices surged on Oct 15, with the Sensex up 1,534 points and the Nifty 22,997, while the rupee strengthened and oil prices fell.
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International gold has slipped 26% from its January peak, while Indian prices fell more than 10% in August, prompting analysts to debate whether the metal could breach Rs 1.25 lakh per 10 grams.
Gold and silver fell on September 2 as fresh U.S.-Iran clashes revived inflation worries, lifted Treasury yields and boosted expectations of a September Fed rate hike.
Gold and silver fell in early Asian trade on Aug. 31 as US‑Iran tensions lifted oil prices and bond yields, while analysts still see a chance for a year‑end rally.