Gold up 1.25% amid easing crude oil prices and inflation concerns

Gold prices rose 1.25% on Wednesday, with 24K gold at ₹1,53,650 per 10 grams, while 22K gold stood at ₹1,40,858. The uptick came after the US agreed to an indefinite ceasefire with Iran, easing crude oil prices and inflation concerns. Analysts expect gold prices to stay range-bound amid ongoing West Asia conflict uncertainties.