The Dominant Macro Narrative Centred On The Evolving US–Iran Conflict and Firmer US Inflation Data,
Precious Metals Trade Volatile As Global Markets Track Inflation Risks and Geopolitical Developments
While the immediate "Panic Buying" has subsided, The Long-Term trend for precious metals remains structurally supported by broader economic uncertainties.
MCX Gold- June 2026 Delivery Slips 0.5% on Liquidity Pressures and Geopolitical Tensions
Sharp Rebound Comes From Post-Conflict Lows, As Oil Dipped Below $100 Per Barrel and The Dollar Weakened