New Delhi, Aug. 25 -- The price of the yellow metal in India's retail market rose on Tuesday, 25 August, amid ongoing uncertainty over the US-Iran conflict in the Middle East.

The Trump administration on Monday announced a plan to isolate Iran's economy by threatening to impose secondary sanctions on the 'enablers' keeping the Islamic Republic afloat.

"We are launching an economic onslaught against Iran's financial connections around the globe," Treasury Secretary Scott Bessent said as he unveiled the new sanctions scheme, dubbed 'Operation Economic Outcast', as per a report by CNBC US.

Consequently, in international markets, gold prices rose on Tuesday to their highest in more than three months, supported by a weaker US dollar and by ...