Bharat Express DD Free Dish

US-Iran deal

Gold prices climbed to a seven-week high, nearing Rs 1.5 lakh on MCX as lower US Treasury yields boosted safe-haven demand.

President Trump said he expects the US and Iran to reach a final agreement within 60 days despite delays in scheduled negotiations.

Global crude oil prices fell nearly 1 per cent amid expectations of a US-Iran understanding, easing concerns over supply disruptions and supporting the rupee.

The Sensex climbed 544 points and the Nifty ended near the 24,000 mark as positive global sentiment and strong buying supported equities.

The Sensex rose over 300 points and the Nifty neared 23,950 in early trade, supported by positive global cues and softer crude oil prices.

Gold prices climbed over 2% while silver gained nearly 3% on MCX, supported by a weaker US dollar and expectations of future policy easing.

Global crude oil prices fell nearly 5% after the US and Iran agreed to reopen the Strait of Hormuz, easing concerns over energy supplies and regional tensions.

Global crude oil prices fell sharply after optimism grew over possible progress in US-Iran talks, easing concerns over supply disruptions in West Asia.