Silver rate today: Silver prices in India fell sharply on Wednesday, extending recent losses as investors reacted to a stronger US dollar, rising crude oil prices and growing expectations of higher interest rates. The decline came as renewed military tensions between the United States and Iran heightened concerns about inflation, prompting markets to reassess the outlook for monetary policy.
US Iran Tensions
Iran Rejects Trump Ceasefire Plan on Hormuz Strait, Tensions Rise Before Deadline
Iran Rejects Trump Ceasefire Plan: Iran has refused the ceasefire proposal given by US President Donald Trump, increasing tensions in the Middle East just before a strict deadline related to reopening the Strait of Hormuz.
Gold: On its way to $ 1450 amid Escalating US-Iran Tensions, Weaker USD – Gold Silver Reports
US Iran Tensions – The ongoing USD weakness and escalating US-Iran geopolitical tensions offer fresh legs to the yellow metal’s surge to six-year tops. Gold prices are now testing the $1,440 figure en route the level $1,450 barrier.