Gold Rate Reaches Seven-Week High as Easing US-Iran Tensions Cool Fed Rate Hike Buzz

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economy

6 August 2026 at 5:54 pm

Gold Rate Reaches Seven-Week High as Easing US-Iran Tensions Cool Fed Rate Hike Buzz

HyperFast News

Summary

Gold prices reached a seven-week high today, opening at ₹1,49,029 and touching ₹1,49,250 per 10 gm. This surge is attributed to easing tensions between the US and Iran, which has cooled expectations of a US Fed rate hike.

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