FinanceTimes of India
Gold jumps 1% as Middle East tensions ease, Fed focus
in5points
Gold prices jumped over 1% as easing Middle East tensions dragged oil lower.
The US Federal Reserve decision and geopolitical risks are key drivers for bullion markets.
Precious metals are expected to remain volatile due to uncertainty over the US-Iran truce.
Brent crude fell below $90 per barrel after the ceasefire but recovered to around $91.93.
Gold traded at around $4,088.83 per ounce amid softer oil prices and a weaker US dollar.
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Times of India
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Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family