Gold rate today in India above ₹1.60 lakh amid no signs of de-escalation in US-Iran war; oil price, USD rate in focus
Analysis of this story by livemint_markets · 13 Mar 2026, 9:36 AM IST (about 2 months ago)
AI Analysis
Geopolitical tensions typically boost safe-haven assets like gold and can impact crude oil prices, which are crucial for India's import bill and inflation. The USD rate also plays a significant role in commodity pricing for Indian markets.
Trading Insight
Monitor crude oil price movements closely; a sustained rise could negatively impact oil marketing companies and manufacturing sectors due to higher input costs.
Quick check: RELIANCE neutral (+0.2% 1d), ONGC neutral (+0.0% 1d).
Key Evidence
- •Gold rate opened marginally lower at ₹1,60,251 per 10 gm.
- •Intraday low touched ₹1,59,764.
- •No signs of de-escalation in US-Iran war are driving gold prices.
- •Oil price and USD rate are in focus due to geopolitical tensions.
- •Risk flag: Further escalation of US-Iran conflict could lead to sharper spikes in gold and crude oil.
Sources and updates
Original source: livemint_markets
Published: 13 Mar 2026, 9:36 AM IST
Last updated on Anadi News: 13 Mar 2026, 9:42 AM IST
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