Gold rate today: Yellow metal falls 9% since onset of US-Iran war. Experts see more dip as ceasefire negotiation fails

The decline in gold prices due to geopolitical developments directly impacts the Indian jewellery and gold trading sector. Reduced safe-haven demand for gold could shift investor focus towards other asset classes.

Maintain a bearish bias on gold and related Indian stocks, looking for short opportunities on rallies with strict stop-losses.

For Indian markets, this story mainly matters for the Jewellery, Metals pocket. The current signal is bearish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Gold has fallen over 9% since the beginning of the US-Iran war on February 28.
• •Ceasefire negotiations between the US and Iran have failed.
• •Experts anticipate further dips in gold prices.
• •Risk flag: Sudden escalation of US-Iran conflict could reverse gold's trend.
• •Risk flag: Unexpected weakness in global equities could reignite safe-haven demand for gold.