Globally, gold fell by 0.94 per cent to $1,094.20.
The rupee was trading lower at Rs 61.38 after dipping to 61.74 (intra-day).
The US actions can be seen as a riposte to India's neutral position on the Ukraine crisis, its continuing import of Russian arms and oil thus undermining Western sanctions, argues Colonel Anil A Athale (retd).
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
Bullion traders attributed the rise in precious metal prices to emergence of buying by jewellers and retailers driven by ongoing 'Navratras', considered as an auspicious week for making new purchases according to Hindu mythology.
'The stage is set for increasing tensions in a highly volatile region as crucial as ever from a geopolitical standpoint,' predicts Claude Smadja.
Geopolitical climate and equity markets as supportive for gold's role as a risk hedge.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
The President, in a tweet, said that the 52 sites include some 'very important to Iran and Iranian culture'. The tension between US and Iran has escalated since the killing of powerful General of pro-Iran militia in Iraq.
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
The issues around trade gaps, especially around steel and aluminium tariffs imposed by the US, will be addressed separately.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
Top members of the Asian Cricket Council (ACC), on Saturday, discussed the modalities of the 2014 Asia Cup tournament, which is to be hosted by Bangladesh for a second straight time, in February-March next year.
Historically, tensions in West Asian regions have provided support to gold prices.
The reduction of tension on the Chinese border may have reduced the urgency of a Biden-Modi meeting, but the sooner Modi starts a bromance with Biden the better as he had done with Obama and Trump, suggests Ambassador T P Sreenivasan.
Forecasts of a further rise in bullion prices keep Indians away from selling gold.
India women's team sealed their qualification for the 2021 ODI World Cup following the cancellation of their Championship round against Pakistan with the BCCI not getting government clearance to play against their arch-rivals. The India vs Pakistan round was scheduled to take place between July and November last year but was always subject to government clearance. Both teams will share points for the cancelled three-match series.
There is disquiet and discomfort in the citizenry that can be touched and felt. No one is talking, but then, the Indian voter has not talked much -- with the conviction that all that goes up has to come down, observes N Sathiya Moorthy.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
New Delhi can strengthen its leverage by having better relations with the two than they have with each other.
The US and its allies must evolve a more comprehensive long-term plan to defeat the new danger that the caliphate poses to the world order. And India too must do its bit for course correction, says strategic expert Gurmeet Kanwal.
'The India-Pakistan relationship is in a deep freeze, though it could be a lot worse had there not been a new LoC ceasefire a year ago.' 'The India-Pakistan relationship will only start to thaw if the Pakistani military decides it's prepared to push for detente.'
'He could indeed survive [the no confidence vote] even as he faces his biggest political test.'
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.
Before the game, a few protesters handed out fliers outside the stadium where Man City played local outfit Kitchee.
'India is possibly the most fiscally constrained market in the region.'
'The pressure to work together is even greater than before, because the Chinese have launched a full-court press on the border, in the region, and globally to advance their geopolitical agenda.'
'Washington senses that the anchor sheet of India's strategic autonomy lies in its longstanding partnership with Russia, which remains firm and immutable despite the changes in world politics in the post-Cold War era,' notes Ambassador M K Bhadrakumar.<
'Russian diplomacy is presumably at work.' 'The ground is slippery, because "territorial sovereignty" is a hugely sensitive issue,' says Ambassador M K Bhadrakumar.
Reaching out to the states, Prime Minister Narendra Modi on Sunday said the Centre and states should work together as 'Team India' to solve national problems like they have worked to resolve issues like the Indo-Bangla Land Boundary Agreement.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
10 takeaways from the prime minister's UN speech.
'The missile mounted near Kailash-Mansarovar is called DF-21. It is a medium-range, 2,200 kilometres ballistic missile. Its advantage is that it can cover all cities of north India, including New Delhi'
It's time government used oil windfall wisely.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
The terrorists opened fire on the army camp at Langate in Kupwara district at around 5 am, which was retaliated by the jawans, a senior army officer said.
I tried to reason in my mind that wouldn't beating Pakistan again and again -- in the league matches and in the knockouts if they made it -- be a better tribute to our martyred soldiers? A revealing excerpt from Vinod Rai's Not Just A Nightwatchman: My Innings In The BCCI.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances