Archive · 24 Jun 2025
Gold Prices Plunge Amidst Easing Israel-Iran Tensions
Gold prices went down because of some good news about Iran and Israel.
It looks like they might stop fighting, which makes people less worried.
When people are less worried, they don't buy as much gold, which lowers the price.
Gold is like a safe place to keep money when things are scary.
Silver prices also fell.
Experts are watching what the US Federal Reserve does next because that can affect prices too.
Gold prices fell significantly on Tuesday due to easing tensions between Israel and Iran.
MCX gold futures dropped 2.62% or ₹2,606 per 10 grams.
Spot gold fell below $3,300 an ounce, reaching a two-week low.
Silver prices also declined, trading below $36.
Analysts predict that a break below the $3,300 support level could lead to further price drops.
- Who
- Investors and traders.
- What
- Gold and silver prices decreased.
- When
- Tuesday, June 24, 2025
- Where
- Global markets, including MCX and US trading.
- Why
- Due to easing tensions between Israel and Iran and the Federal Reserve's expected neutral monetary policy stance.
Market Factors
Geopolitical Uncertainty
Investor Sentiment
Market Factors
High Demand
Geopolitical Uncertainty
Low Demand
- MCX Gold Futures Drop
- 2.62% or ₹2,606 per 10 grams
- Spot Gold Price
- Below $3,300 per ounce
- Silver Price
- Below $36
- Key Factor
- Easing Israel-Iran tensions
- Timeframe
- Tuesday, June 24, 2025
