livemint_marketsabout 3 hours ago
BEARISH(90%)
sell
Published on the original source: 29 Mar 2026, 3:20 PM IST
Gold rate today: How's the precious metal likely to trade amid US-Iran ceasefire talks? Experts weigh in
Read original sourceAI Analysis
Global geopolitical developments significantly influence gold prices, which in turn affect India's import bill and domestic demand for jewelry. A sustained downtrend in gold could free up capital for other investments.
Trading Insight
Traders should monitor geopolitical developments closely; a breakthrough in US-Iran talks would likely reinforce the bearish trend for gold, while escalation could reverse it.
Key Evidence
- •Gold prices have fallen over 15% since the beginning of US-Iran war on February 28.
- •Experts are weighing in on the near-term outlook for gold amid US-Iran ceasefire talks.
- •Risk flag: Uncertainty of ceasefire talks outcome
- •Risk flag: Potential for renewed geopolitical tensions
- •Risk flag: Fluctuations in USD vs INR impacting landed cost of gold
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