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Gold futures slide 1 pc to Rs 1.42 lakh/10g on renewed Middle East tensions

New Delhi, Jul 13 (PTI) Gold futures fell 1 per cent to Rs 1.42 lakh per 10 grams on Monday as renewed military exchanges between the US and Iran lifted oil prices, strengthened the dollar and dented the demand for the precious metal. On the Multi Commodity Exchange (MCX), the yellow metal for August delivery declined by Rs 1,413, or 0.98 per cent, to Rs 1,42,065 per 10 grams in a business turnover of 9,962 lots. Last week, MCX gold futures fell Rs 3,900, or 2.65 per cent, to close at Rs 1.43 lakh per 10 grams. “Gold prices remained

US launches more strikes on Iran as the standoff over the Strait of Hormuz escalates

DUBAI, United Arab Emirates, July 13, 2026 (AP) — The United States launched several waves of strikes on Iran into Monday morning over an Iranian attack on a container ship in the Strait of Hormuz that set it ablaze and left a crew member missing over the weekend. Iran retaliated by targeting countries across the Middle East. Missile alert sirens sounded at dawn Monday in Bahrain, home to the U.S. Navy’s 5th Fleet. There was no immediate word on damage. Iranian state media acknowledged the latest attacks on its soil early Monday, describing explosions in several locations with at least

Rupee falls 39 paise to 95.77 against US dollar in early trade

Mumbai, Jul 13 (PTI) The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday, weighed down by elevated crude oil prices. Forex traders said with Brent oil prices rising over USD 79 to the barrel the Indian rupee is expected to open weaker at 95.53 levels after Iran declared the Strait of Hormuz as closed. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.77 against the US dollar, registering a loss of 39 paise from its previous close. On Friday, the rupee rose 9 paise to settle at 95.38

Stock markets slump in early trade on rising tensions in West Asia, higher oil prices

Mumbai, Jul 13 (PTI) Benchmark indices Sensex and Nifty slumped in early trade on Monday amid escalating tensions in West Asia and rising crude oil prices. Bearish trend in Asian peers also dragged the domestic markets lower. After two days of rally, the 30-share BSE Sensex tanked 616.15 points to 76,946.97 in early deals. The 50-share NSE Nifty dropped 190.50 points to 24,015. From the Sensex pack, InterGlobe Aviation, Tata Steel, Maruti, Asian Paints, HDFC Bank and Bajaj Finserv were among the major laggards. Tata Consultancy Services, NTPC, HCL Tech and Power Grid were the gainers. Brent crude, the global

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