New Delhi, March 1 -- A dramatic escalation in the Middle East over the weekend has jolted global risk sentiment. Israel attacked Iran on Saturday, with reports indicating that a United States strike followed. According to media reports, Iran's Supreme Leader Ayatollah Ali Khamenei was killed in the assault - a development that throws the political future of the Islamic Republic into uncertainty and heightens the risk of broader regional instability.
With global as well as Indian stock markets and commodity closed when the news broke, investors will be reacting in real time when trading resumes on March 2. Investors wonder how gold, silver and India's Nifty index will openon Monday.
Gold & Silver: Gap-Up Opening Likely
Safe-haven deman...
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