3/2/2026, 3:34:02 pm

Gold, silver prices surge following India-US trade agreement

The US-India trade deal has sparked a market rally, with stocks and the rupee strengthening, and gold and silver prices recovering. The rupee appreciated 1% to 90.33 against the US dollar, and precious metal prices rose, with gold and silver increasing 5% and 9% respectively, despite geopolitical risks remaining intact. The deal reduced tariffs from 25% to 18%, improving global trade confidence.