Gold rate today: Bullion logs worst weekly decline in 40 years. Will it crash further amid the ongoing US-Iran war?

The global commodity cycle, particularly for precious metals, is heavily influenced by geopolitical events and central bank policies. A sharp decline in gold prices, as seen, indicates a shift in safe-haven demand and could impact the profitability of Indian companies in the gold value chain.

• •Gold prices have remained under pressure since the beginning of the US-Israel-Iran war.
• •Bullion has logged its worst weekly decline in 40 years.
• •Experts are providing their outlook on the near-term future of the yellow metal.
• •Risk flag: Sudden escalation of geopolitical tensions could reverse gold's trend.
• •Risk flag: Unexpected dovish shift by major central banks could support gold prices.