Gold falls 1%, silver drops by Rs 5,300/kg as US-Iran ceasefire hopes fade. What should investors do?
This image was generated by AI and may not depict real events.
Gold prices in India have fallen by 1% as US-Iran ceasefire hopes fade, with 10 grams of 24-carat gold costing 52,785 rupees and 22-carat gold costing 47,750 rupees. Investors are advised to await clarity on the US-Iran situation before making investment decisions.
Gold prices in India have dropped due to escalating Middle East tensions. As of April 12, 2026, 10 grams of 24-carat gold costs 52,785 rupees, while 22-carat gold costs 47,750 rupees. Silver prices have also fallen by Rs 5,300/kg. The US-Iran ceasefire hopes fading have led to increased demand for safe-haven assets, causing the price drop. Investors are cautious and waiting for clarity on the situation before making investment decisions.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.