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Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.
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Mumbai, West Asia
Who
US President Donald Trump, Iranian officials
What
Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.
When
Fri, 12 Jun 2026 07:12:30 GMT · 2h 9m ago
Where
Mumbai, West Asia ·
Why
Hopes of a possible peace agreement between the US and Iran, stimulated by comments from US President Donald Trump, boosted sentiment in global commodity markets.
The Frontline Impact
How this affects you
The price of gold on the Multi Commodity Exchange (MCX) rose by 1.11% to ₹1,50,600 per 10 grams, and silver gained 2.15% to ₹2,44,817 per kilogram, indicating increased investor confidence due to potential de-escalation of geopolitical tensions.
Story chain
30 events in this thread- Markets42m agoThe Iranian embassy in Armenia tweeted 'TACO' (Trump Always Chickens Out) after US President Donald Trump announced the cancellation of strikes against Iran, leading to rising stocks and falling oil prices.Open article
- Markets42m agoIndian equity benchmarks Sensex and Nifty saw a major rebound on Friday, June 12, with Sensex jumping 1209.21 points (1.64%) and Nifty surging 328.80 points (1.42%).Open article
- Markets1h 17m agoOil prices have fallen to a three-month low and stocks are rallying after Donald Trump claimed he was close to reaching a deal with Iran.Open article
- Markets1h 40m agoIranian Parliament Speaker Mohammad Bagher Ghalibaf warned that “wrong strategies and impulsive decisions” could trigger a broader crisis that would devastate energy infrastructure and roil global markets.Open article
- Markets1h 40m agoIranian Parliament Speaker Mohammad Bagher Ghalibaf warned that “wrong strategies and impulsive decisions” could trigger a broader crisis that would devastate energy infrastructure and roil global markets, as Iran disputed President Donald Trump’s claims of a peace agreement.Open article
- Markets2h 9m agoGold and silver prices rose on Friday, with gold futures for August delivery touching an intraday high of Rs 1,50,600 per 10 grams on the Multi Commodity Exchange (MCX).Open article
- Currently Reading2h 9m agoGold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.
- Markets2h 9m agoGold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.Open article
- Markets3h 47m agoAsian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal, causing the dollar and bond yields to dip, while oil prices hit two-month lows, easing inflation concerns.Open article
- Markets3h 47m agoAsian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal.Open article
- Markets4h 0m agoSouth Korean stocks recorded a strong jump on Friday, with the benchmark KOSPI surging more than 8 percent, as investors cheered signs of easing geopolitical tensions in the West Asia.Open article
- Markets4h 7m agoBitcoin traded at $63,550 on Friday, up 1.6% on the day, with President Donald Trump stating the US was close to a deal with Iran and he had "ended the war with Iran today."Open article
- Markets4h 12m agoChina and Hong Kong stocks experienced a rebound on Friday, marking a potential weekly gain for the Shanghai Composite.Open article
- Markets4h 12m agoChina and Hong Kong stocks experienced a rebound on Friday, with the Shanghai Composite potentially achieving its first weekly gain in a month.Open article
- Markets4h 29m agoThe Nifty Auto index rallied 2%, with several auto stocks like Ashok Leyland and Bosch surging up to 4% in Friday's intra-day trade, after crude oil prices slipped below $90 a barrel.Open article
- Markets5h 6m agoIndian shares advanced on Friday as oil prices fell after U.S. President Donald Trump cancelled plans to strike Iran, citing progress in talks.Open article
- Markets5h 12m agoThe BSE Sensex jumped 981 points, or 1.33%, to 74,814 in early trade, while the NSE Nifty 50 gained 272 points, or 1.17%, to trade at 23,434.Open article
- Markets5h 16m agoIndian equity markets rose in the morning session on Friday, with Sensex surging 1.35 percent and Nifty rising 1.26 percent.Open article
- Markets6h 16m agoSouth Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.Open article
- Markets6h 16m agoGold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.Open article
- Markets6h 56m agoStock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, following optimism over the US decision to not go ahead with planned strikes on Iran.Open article
- Markets6h 56m agoStock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.Open article
- Markets6h 56m agoStock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, on optimism over the US decision to not go ahead with planned strikes on Iran.Open article
- Markets7h 13m agoIndian markets are predicted to open positively today, June 12, 2026, following a strong global equities rally driven by optimism for a US-Iran peace deal.Open article
- Markets7h 13m agoIndian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on Friday, tracking strong gains across global markets after optimism grew over a possible peace agreement between the United States and Iran.Open article
- Markets7h 49m agoSouth Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.Open article
- Markets8h 19m agoU.S. President Donald Trump announced that the U.S. had reached a "great settlement" to end the war with Iran, which drove oil prices lower and U.S. markets to rally.Open article
- Markets8h 41m agoAsian stocks rallied on Friday due to hopes of a Middle East peace deal and anticipation of Elon Musk's SpaceX IPO, which raised a record $75 billion, while oil prices fell to two-month lows tempering inflation fears.Open article
- Markets9h 25m agoUS stocks rallied, adding $1.2 trillion in market value, after President Donald Trump signaled a possible Iran deal and reports emerged of cancelled airstrikes.Open article
- Markets11h 11m agoUS stocks rallied and oil prices tumbled on Thursday after US President Trump announced the cancellation of planned strikes on Iran and touted a deal with the country.Open article
Verified Sources & Citations
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