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Market move● Neutral for Indian equities
Gold outlook: Analyst sees upside capped at $4,330 amid US-Iran uncertainty
The brief
- Analyst Praveen Singh sees gold’s upside capped at $4,330 amid US-Iran uncertainty
- Hormuz optimism may support gold in the very short term
- ‘They were asking for everything up front:’ US Ambassador to UN Mike Waltz explains why Trump rejected Iran's proposal
- Hormuz Tensions: Iran Hits Back At US Over Strait Control, Points To Oil Price Premium
- Gold Declines As Hormuz Impasse Keeps Rate-Hike Bets Elevated
- Oil prices climb as Iran holds firm on Hormuz terms and Trump rejects proposal
- Oil rises as Iran holds to Strait of Hormuz proposal rejected by Trump