25-Jun-2026 11:03:45
Gold, Silver Hit 7-Month Lows; Hindustan Zinc, IIFL Finance Slide Up to 3%
Shares of Hindustan Zinc and IIFL Finance fell up to 3% after gold and silver prices dropped to their lowest levels in seven months. The decline in precious metals was driven by a stronger U.S. dollar, expectations of tighter monetary policy, and easing geopolitical tensions, reducing demand for safe-haven assets. Lower bullion prices weighed on sentiment for metal producers and gold-financing companies. Gold is trading at $4000 an ounce and silver is trading $57 in international market.