Oil prices, Rogers said, could definitely cross $100 a barrel again, especially if the geopolitical developments continue.
Spot gold gained 1.6 per cent to $5,168.69 per ounce as of 0249 GMT while US gold futures for April delivery added 1.1 per cent to $5,178.40
Gold ETFs were also under pressure. Axis Mutual Fund Gold ETF, Union Gold ETF, and The Wealth Company Gold ETF traded lower by over 4 per cent
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,53,640
Spot gold was up 1 per cent at $5,377.21 per ounce. US gold futures for April delivery were up 1.5 per cent at $5,391.90
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,56,290
The US and Israel fired missiles across Iran on Saturday, with the Supreme Leader Ayatollah Ali Khamenei being killed
Data on Friday showed that US producer prices rose more than expected in January, suggesting inflation could pick up in coming months
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,58,660
In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,48,110
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,590
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,48,410
Spot gold has risen about 20 per cent this year, hitting a three-week high of $5,248.89 an ounce on Tuesday that was off its January 29 all time high of $5,594.82
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,48,310
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,47,910
In February so far, MCX spot silver has fallen 25 per cent and gold has fallen nearly 6 per cent, according to data compiled by Bloomberg
Bullion climbed as much as 1.3 per cent to above $5,170 an ounce. Trump said Saturday he would impose a global tariff of 15 per cent to preserve protective trade measures
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,45,990
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,260