Gold Finds Support Amid Easing Geopolitical Tensions

Gold prices have stabilized near Rs 143,500 following a recent correction in response to easing geopolitical tensions. The decrease in fears of conflict between the United States and Iran has led investors to reassess their positions and focus on fundamental economic drivers.

The yellow metal is currently trading above its 20-day moving average, indicating signs of recovery from volatility. As safe-haven demand softens, the market's attention is shifting toward monetary policy signals from the Federal Reserve, including interest rates and inflation expectations. The upcoming Fed meeting will be a critical event to monitor for market sentiment.

The stabilization in gold prices has also been influenced by lower crude oil prices, which can help cool inflation expectations. However, ongoing global trade uncertainties remain a concern, particularly following recent tariff announcements by the United States. Indian investors are closely watching the global gold price trend, as it impacts domestic bullion prices.