U.S. stocks fell on Tuesday, with the Nasdaq 100 down 1.9% and the S&P 500 off 0.6% as technology shares pulled back. The Philadelphia Semiconductor Index (SOX) sank 5.7%. WTI crude slid about 5% to around $77 a barrel on expectations that the U.S. and Iran are preparing to formally sign an interim peace deal in Switzerland on Friday. The story also cited SpaceX as rising 4.8%, though the company is privately held and not a traditional publicly traded stock.

Asian equities fell on Wednesday, with South Korea’s Kospi down 0.93% and Japan’s Nikkei 225 off 0.06%. Markets are focused on the Federal Reserve’s policy meeting as some FOMC members warn inflation could prove more persistent and higher energy prices add to those concerns. Some officials also want to remove wording that suggests the next rate move is likely to be a cut. The meeting is the first chaired by Kevin Warsh, as Donald Trump continues to press for lower borrowing costs.

As of 15 June 2026, gold and silver priced in Indian rupees are up 13.2% and 9.5% year to date. From 28 February 2026 to 15 June, both have pulled back in rupee terms by 5.3% and 5.6%, respectively, amid a stronger U.S. dollar, rate hikes by some central banks and liquidity pressure. The article says a U.S.-Iran ceasefire has paused fighting, but geopolitical uncertainty persists alongside ongoing central-bank buying in a de-dollarisation backdrop. It also notes a structural supply deficit in silver and puts the gold-silver ratio at 62, below a roughly 75 ten-year average.

Brent crude futures slid nearly 4% on Tuesday to $79.61 a barrel, falling below $80 for the first time. The drop followed an interim U.S.-Iran peace agreement that reduced worries about disruptions to global energy supplies. Traders also continued to unwind the geopolitical risk premium built up during the recent conflict involving the U.S., Israel and Iran.

Gold and silver prices ticked up after crude oil extended losses following an interim USIran peace agreement, easing inflation concerns. Markets pared back expectations for further US tightening, with the probability of a December rate hike slipping to 56% from nearly 70% earlier. Spot gold was last traded at $4,343.4 an ounce and spot silver at $70.44 an ounce. Kotak Securities said the Federal Reserve’s policy signals remain the key driver for bullion in the near term.

The UK has charged Ajay Pant, an Indian national who captained the Russian shadow-fleet tanker MV Smyrtos, with breaching British sanctions on Russian oil. The vessel was intercepted in the English Channel and is being held off the coast of Weymouth, while 24 crew members remain onboard and are assisting investigators. The boarding marked the first time UK armed forces have carried out such an operation, signalling a tougher enforcement stance on sanctions evasion.

A reported agreement between the United States and Iran to reopen the Strait of Hormuz eased geopolitical tensions and fueled a sharp rebound in U.S. equities, lifting the S&P 500 and Nasdaq. The article said the rally was driven primarily by the reduction in geopolitical risk, while also citing single-stock moves including SpaceX, Nvidia and Roku. It did not provide details of the agreement or any official confirmation, focusing instead on market reaction and analyst commentary.

Spot gold rose nearly 3% to $4,338 an ounce on Monday, while spot silver gained about 4% to $70.66 an ounce. Kotak Securities said gold needs to hold above $4,386.1 to open more upside, and silver must break the key resistance at $72.06. MCX gold and silver futures in India are also approaching comparable technical thresholds. Support has come from a softer U.S. dollar, lower crude oil prices and easing expectations for further tightening, according to Kotak Securities.

India’s government adjusted its precious-metals import policy twice within three days, first lowering and then sharply raising base import prices for gold (+0.37%) and silver (+4%). It also shifted the import policy for silver from “free” to “restricted,” requiring all silver imports to be cleared via DGFT and RBI-designated agencies. The move is aimed at easing pressure on foreign-exchange reserves amid strain linked to the West Asia conflict. Gold reserves rose by $1.98 billion week-on-week, while overall forex reserves fell by $711 million, mainly due to a decline in foreign currency assets.