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J&K cabinet asks CSC on reservation to ‘rework’ report

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J&K cabinet asks CSC on reservation to ‘rework’ report

Jammu, Jun 18: The J&K cabinet, which met under the chairmanship of Chief Minister Omar Abdullah on Wednesday in Srinagar, asked the Cabinet-Sub-Committee to ìrework its reportî to address certain shortcomings so as to make it a legally tenable document.

Reliable sources, privy to the deliberations in the cabinet meeting, told Greater Kashmir that the report, which was presumed and reported to be the main agenda (of the meeting), was ìonly briefly discussed.î

Has it (report) been formally submitted to the cabinet, the response to this query was concise – No, not much deliberations took place on this report.

ìIt has not been submitted to the cabinet as there are certain shortcomings in it. It will be reworked vis-‡-vis those points to make it foolproof. Recommendations are likely to be deliberated further in the next one or two cabinet meetings,î sources, after being prodded, elaborated.

Has any date been fixed for the next cabinet meeting specifically for this purpose? This query had an open-ended reply, ìNo, not yet.î

Though the cabinet had a regular agenda too for deliberations, the hype across the political, media and social circles, for obvious reasons, mainly revolved around the recommendations of the three-member cabinet sub-committee, constituted for examining the grievances projected by a section of aspirants for various posts regarding Reservation Rules.

Entire agenda before the cabinet could not be cleared. A PHE project in Udhampur was cleared. Besides, there were specific deliberations about Shri Amarnath Yatra and tourism promotion, which are high on all minds at the moment. Similarly, a call was taken regarding a few other issues on the agenda following deliberations, sources stated.

Hype vis-‡-vis the CSC report on reservations had gained momentum after the six-month deadline granted to the panel ended on June 10, 2025.

Confronting the oppositionís banter and pressure from the stakeholders mainly the General category candidates, the Minister for Education, Health and Medical Education and Social Welfare Sakina Itoo, who is also part of the panel, posted on ëXí that the CSC would soon table its report in the cabinet.

The Cabinet Sub Committee constituted by the Jammu and Kashmir Government to examine the issue of reservation in the Union Territory has drafted its report within the stipulated time frame of 6 months. The report will be placed before the Cabinet when it meets,î she posted on June 10.

A day later, on June 11, Chief Minister Omar Abdullah stated, ìThe Cabinet Sub Committee (CSC) has prepared its report (on reservation). That report will be presented to the cabinet. Ö In the coming few days, the cabinet will take place and the CSC recommendations on the reservation will be submitted before it (cabinet). Then it will be looked into.î

The government, headed by Chief Minister Omar Abdullah, on December 10, 2024 constituted this panel to examine the grievances projected by a section of aspirants for various posts regarding Reservation Rules.

The panel was constituted in compliance with the decision of the Council of Ministers (Decision No 012/03/2024), taken on November 22, 2024.

The J&K cabinet had decided to set up a cabinet sub-committee to review and rationalise reservation policy, in alignment with the promise of the (elected) government.

The three-member panel, comprising Minister for Health and Medical Education (H&ME), School Education, Higher Education and Social Welfare, Sakina Masood Itoo; Minister for Jal Shakti, Forest, Ecology & Environment and Tribal Affairs, Javed Ahmed Rana and Minister for Food, Civil Supplies & Consumer Affairs Satish Sharma, had been tasked to ìexamine the grievances projected by a section of aspirants for various posts regarding Reservation Rules, in consultation with all stakeholders.î

Following the cabinet meeting on November 22, the Chief Minister, while speaking to the media in Srinagar, said, ìThe cabinet has decided to form a sub-committee, comprising three ministers, to take a holistic view of the reservation issue. The decision has been taken as many youth, belonging to the open (General) category, are feeling that their rights have been usurped (following new reservation rules in J&K) while those brought in ambit donít want any curtailment.î

Though the panel on the reservation was a poll promise, the Omar government was forced to rush the process as its own MP Aga Syed Ruhullah had threatened to stage a dharna outside the Chief Ministerís residence if the government did not keep its word to rationalise reservation policy.

While the NC had to eat a humble pie, the opposition gleefully seized the opportunity to join Ruhullah and open-category candidates agitating their cause outside the CMís residence. Though the Chief Minister was able to pacify the candidates by meeting them at his residence and assuring them of justice, the sequence of events leading to the constitution of the panel and even thereafter saw a string of controversies also, including the one related to the deadline for CSC to submit the report.

The controversy erupted when during its maiden budget session under UT set-up, the government in a written reply in the J&K Legislative Assembly said that no specific timeline was fixed for submitting the report by the Cabinet Sub Committee. It rested only when the Chief Minister intervened, reassuring that the panel was given a six-month deadline to submit its report.

ìThe cabinet sub-committee constituted to examine the complicated issue of reservation in recruitment has been given a 6-month timeline to complete their report. The timeline was set by me after I met with a concerned group of job aspirants. This timeline, however, was not in the initial order setting up the sub-committee. That oversight will be corrected but rest assured the committee is working to complete its task in the set timeframe,î CM Omar posted on ëXí on March 15, 2025.

Even during the assembly session, Itoo had described it as a very sensitive issue.

ìThis is a very sensitive issue and it is not an easy proposition to resolve it. Every aspect will have to be examined and all stakeholders will have to be consulted and taken on board. Their representation has already reached us. It is being examined. Once the committee prepares and finalises its report on this account. Members too will be informed,î she had said.

 

 

Greater Kashmir

Farooq Abdullah slams Centre over delay in J&K by-polls

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Farooq Abdullah slams Centre over delay in J&K by-polls

Pulwama, Jun 16: Former chief minister and National Conference (NC) President Farooq Abdullah Wednesday criticised the Centre for not holding by-elections in Jammu and Kashmir, accusing it of sidelining constitutional responsibilities.

By-elections were announced in other states where seats had fallen vacant, but not in J&K, Abdullah said addressing party workers in Pulwama. Two Legislative Assembly seats ñ Budgam and Nagrota – remain vacant.

NC leader and Chief Minister Omar Abdullah resigned from Budgam after choosing to retain his Ganderbal seat while Bharatiya Janata Party (BJP)ís Devender Rana, the MLA from Nagrota, passed away.

The three-time chief minister Abdullah also questioned the delay in elections to the Rajya Sabha from the region.

ìThey are not following the constitution. They have placed it on a shelf,î he said.

The four Rajya Sabha seats from J&K have also been vacant since February 2021, following the end of the terms of Ghulam Nabi Azad, Shamsher Singh Manhas, Nazir Ahmad Laway, and Fayaz Ahmad Mir.

The NC leader said his party was only seeking the constitutional rights of the people of J&K.

ìWhen we are part of this country, why are we treated step-motherly? We are only demanding what is rightfully ours,î he said.

Abdullah said that the restoration of J&Kís statehood was not a concession but a constitutional right.

ìStatehood is not a gift – itís the peopleís right, long overdue and repeatedly promised by the ruling government,î he said.

The NC President criticised the Union Territory status as a bottleneck to real governance.

ìJ&K is vast, not just in land, but in its layered culture. Governing it under the limited framework of a UT is like trying to fly a kite without wind,î he said.

Abdullah expressed concern over the attacks on Kashmiri students outside Kashmir following the April 22 terror attack in Pahalgam.

ìWe condemned the attack. We had nothing to do with it. Yet Kashmiri students were targeted outside Kashmir. This is the situation,î he said.

The NC leader also criticised Israeli military action in Gaza and Iran.

ìFirst, Israel, backed by the US, killed Muslims in Gaza to displace them from Palestine. Now, they are bombing Iran to destroy it,î he said. ìIsrael cannot succeed in its plans.î

The meeting, chaired by Abdullah, also reviewed party affairs and pressing public issues.

He assured party workers that the Omar Abdullah-led government was prioritising these challenges.

MLA Pulwama Ghulam Mohiuddin Mir, MLA Pampore Husanain Masoodi, former MLA Muhammad Khalil Bandh, NC Provincial President Showkat Mir, Provincial Secretary Syed Tauqeer, and DDC Chairman Syed Bari Andrabi were also present on the occasion.

Greater Kashmir

DG Rural Sanitation visits Baltal, reviews preparations for Shri Amarnathji Yatra

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DG Rural Sanitation visits Baltal, reviews preparations for Shri Amarnathji Yatra

Baltal, June 18: Director General, Rural Sanitation, J&K,Anoo Malhotra (JKAS) today conducted an extensive tour of Baltal base camp to assess the sanitation facilities being put in place along the axis for the upcoming Shri Amarnath Ji Yatra (SANJY), 2025.

Accompanied by district officials of Ganderbal, including the ACP and BDOs, she visited various camps along the route—starting from the Baltal Base Camp through Domail and Rail Pathri, up to the end of the track—to review the sanitation arrangements for the Yatra.

The Director General on the way took stock of arrangements of men and machinary along the axis.

She directed the agencies involved in the sanitation and waste management to speed up the process and ensure quality services to the pilgrims.

The DG Rural Sanitation emphasized that the department remains fully committed to ensuring best facilities and services for the pilgrims.

During her visit,Malhotra reviewed installation and functionality of various sanitation infrastructures including the toilets, washrooms, dustbins, drainage for grey water disposal, segregation of wet waste site, plastic waste management site and other sanitation facilities along the Baltal axis.

She stressed the importance of maintaining highest standards of cleanliness and called for implementation of a zero-landfill policy along the entire pilgrimage routes.

Pertinent to mention here that toilets and baths are to be installed along both the Pahalgam and Baltal axis and on yatra route.

She issued specific directions for effective grey water management, including construction of adequate soak pits and drainage systems to prevent water logging and ensure environmentally sustainable waste disposal practices.

 

Greater Kashmir

YSS Anantnag organises U-19 boys football tournament

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YSS Anantnag organises U-19 boys football tournament

Anantnag, Jun 18: As part of the ongoing efforts under the Nasha Mukt Jammu & Kashmir Abhiyan, Youth Services and Sports (YSS) Anantnag on Wednesday organised an Under-19 Boys Football Tournament at the Mini Sports Stadium, Dialgam.

The tournament witnessed enthusiastic participation from multiple school teams across the district, reflecting the growing interest among youth in sports and healthy recreational activities.

The event aimed to promote a drug-free lifestyle among students and to channelise their energy into constructive pursuits.

The inaugural match was kicked off in the presence of the Zonal Physical Education Officer and other officials from the Youth Services and Sports Department. Speaking on the occasion, the officers highlighted the vital role of sports in keeping youth away from drug abuse and in building a physically and mentally strong society.

Participants also took an anti-drug pledge, reaffirming their commitment to stand against substance abuse and to serve as ambassadors of positive change in their communities.

The event was part of a broader campaign initiated by the government to raise awareness and promote sensitisation through sports and educational outreach under the Nasha Mukt J&K Abhiyan.

 

 

Greater Kashmir

Centre approves `2,006.4 crore recovery plan for Himachal Pradesh after 2023 monsoon disasters

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Centre approves `2,006.4 crore recovery plan for Himachal Pradesh after 2023 monsoon disasters

New Delhi, Jun 18: A High-Level Committee headed by Union Home Minister and Minister of Cooperation Amit Shah has approved `2,006.40 crore in central assistance for Himachal Pradesh to support recovery and reconstruction efforts following the devastating floods, landslides, and cloudbursts during the 2023 monsoon season. The committee, which includes Finance Minister Nirmala Sitharaman, Agriculture Minister Arjun Munda, and NITI Aayog Vice Chairman Suman Bery, sanctioned the proposal under the Recovery and Reconstruction funding window of the National Disaster Response Fund (NDRF). Of the total approved amount, `1,504.80 crore will come as the central government’s share.

“This significant allocation will enable the Himachal Pradesh government to rebuild critical infrastructure and restore normalcy in the regions worst hit by last year’s calamities,” the Ministry of Home Affairs (MHA) said in a statement.

This financial support follows an earlier disbursement of `633.73 crore approved by the MHA on December 12, 2023, under the NDRF to aid Himachal Pradesh in its immediate relief operations.

The central government, under Prime Minister Narendra Modi’s leadership, has reiterated its commitment to stand “shoulder to shoulder” with state governments during natural disasters. “The Ministry of Home Affairs, under the guidance of Shri Amit Shah, continues to work toward building a disaster-resilient India,” the ministry added, highlighting ongoing national initiatives to strengthen disaster risk reduction mechanisms.

In addition to Himachal Pradesh, the central government has recently cleared recovery assistance packages for other disaster-affected states. This includes `1,658.17 crore for Uttarakhand in the aftermath of land subsidence in Joshimath, and `555.27 crore for Sikkim following a glacial lake outburst flood (GLOF) in 2023.

A broader push toward disaster mitigation has also seen the approval of hazard-specific projects totalling ₹7,253.51 crore. These include ₹3,075.65 crore for urban flood management, ₹1,000 crore for landslide mitigation, ₹150 crore for GLOFs, ₹818.92 crore for forest fire management, ₹186.78 crore for lightning protection, and ₹2,022.16 crore for drought preparedness. These funds are in addition to the allocations made to states through the State Disaster Response Fund (SDRF) and various mitigation funds. For FY 2024–25, the Centre has already released ₹20,264.40 crore to 28 states under SDRF and ₹5,160.76 crore under NDRF to 19 states. A further ₹4,984.25 crore has been disbursed from the State Disaster Mitigation Fund (SDMF) and ₹719.72 crore from the National Disaster Mitigation Fund (NDMF) to support long-term risk reduction.

 

 

 

 

Greater Kashmir

India launches Operation Sindhu to evacuate its nationals from conflict-hit Iran

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India launches Operation Sindhu to evacuate its nationals from conflict-hit Iran

New Delhi, June 18: India on Wednesday announced launching ‘Operation Sindhu’ to evacuate Indian nationals from Iran as the Persian Gulf nation’s conflict with Israel showed no sign of letting up.

Even as India kicked off the evacuation mission, there were reports of some Indian students sustaining injuries in a strike on a medical students’ dormitory in Keshavarz street area in Tehran.

Iranian embassy officials in Delhi said the Iranian foreign ministry was in close touch with the Indian mission in Tehran after some students were injured.

There was no immediate comment on the reported incident from the Indian side.

“India accords highest priority to the safety and security of Indian nationals abroad,” the Ministry of External Affairs (MEA) said.

More than 4,000 Indian nationals are living in Iran and half of them are students.

The MEA said the Indian embassy in Tehran has evacuated 110 Indian students from northern Iran, assisting them in safely crossing over into Armenia on Tuesday.

The students have travelled by road to the Armenian capital, Yerevan, under the supervision of the Indian missions in Iran and Armenia.

“These students departed Yerevan on a special flight at 1455 hours on June 18 and will arrive in New Delhi in the early hours of June 19 as part of the initial stages of Operation Sindhu,” the MEA said.

New Delhi said it is grateful to the governments of Iran and Armenia for the smooth facilitation of the evacuation process.

In view of the deteriorating situation as a result of the ongoing conflict between Iran and Israel, India has been taking various steps over the last several days for the safety and security of Indian nationals in Iran.

“As part of the ongoing operation, the Indian embassy in Iran has been assisting large numbers of Indian nationals in moving from areas seeing increased hostilities to relatively safer areas within the country and to subsequently evacuate them using the available and feasible options,” the MEA said.

“Indian nationals in Iran are advised to stay in touch with the Indian Embassy in Tehran through its emergency helpline, and with the 24×7 Control Room established by the MEA in New Delhi,” it said.

Greater Kashmir

Iran’s leader rejects call to surrender, saying US intervention would cause ‘irreparable damage’

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Khamenei declares 'battle has begun' as Iran fires hypersonic missile at Israel

Dubai, June 18: Iran’s supreme leader on Wednesday rejected US calls for surrender in the face of blistering Israeli strikes and warned that any military involvement by the Americans would cause “irreparable damage” to them.

The second public appearance by Ayatollah Ali Khamenei since the Israeli strikes began six days ago came as Israel lifted some restrictions on daily life, suggesting that the missile threat from Iran was easing.

Khamenei’s speech came a day after US President Donald Trump demanded “UNCONDITIONAL SURRENDER” in a social media post and warned Khamenei that the US knows where he is but has no plans to kill him, “at least not for now.”

Trump initially distanced himself from Israel’s surprise attack on Friday that triggered the conflict, but in recent days has hinted at greater American involvement, saying he wants something “much bigger” than a ceasefire. The US has also sent more military aircraft and warships to the region.

The Iranian nation is ‘not one to surrender’

Khamenei dismissed the “threatening and absurd statements” by Trump.

“Wise individuals who know Iran, its people, and its history never speak to this nation with the language of threats, because the Iranian nation is not one to surrender,” he said in the low-resolution video, his voice echoing. “Americans should know that any military involvement by the US will undoubtedly result in irreparable damage to them.”

Iran followed a similar sequence in releasing Khamenei’s statement before the video was aired, perhaps as a security measure. His location is not known and was impossible to discern from the tight shot that showed only beige curtains, an Iranian flag and a portrait of Grand Ayatollah Ruhollah Khomeini, Khamenei’s immediate predecessor who died in 1989.

An Iranian diplomat had earlier Wednesday warned that US intervention would risk “all-out war”.

Foreign Ministry spokesman Esmail Baghaei did not elaborate, but thousands of American troops are based in nearby countries within range of Iran’s weapons. The US has threatened a massive response to any attack.

Another Iranian official said the country would keep enriching uranium for peaceful purposes, apparently ruling out Trump’s demands that Iran give up its disputed nuclear programme.

Strikes in and around Tehran

The latest Israeli strikes hit one facility used to make uranium centrifuges and another that made missile components, the Israeli military said. It said it had intercepted 10 missiles overnight as Iran’s retaliatory barrages diminish. The UN nuclear watchdog said Israel struck two centrifuge production facilities in and near Tehran.

Israeli Defence Minister Israel Katz also said the military struck the headquarters of Iran’s internal security forces on Wednesday, without specifying the agency or location. The strike marks a shift toward targeting Iran’s domestic security apparatus, which has long cracked down on dissent and suppressed protests.

Israel’s air campaign has struck several nuclear and military sites, killing top generals and nuclear scientists. A Washington-based Iranian human rights group said at least 585 people, including 239 civilians, have been killed and more than 1,300 wounded.

Iran has fired some 400 missiles and hundreds of drones in retaliatory strikes, killing at least 24 people in Israel and wounding hundreds. Some have hit apartment buildings in central Israel, causing heavy damage, and air raid sirens have repeatedly forced Israelis to run for shelter.

Iran has fired fewer missiles as the conflict has worn on. It has not explained the decline, but Israel has targeted launchers and other infrastructure related to the missiles.

Israel on Wednesday eased some of the restrictions that it had imposed on daily life when Iran launched its retaliatory attack, allowing gatherings of up to 30 people and letting workplaces reopen as long as there is a shelter nearby.

Schools are closed and many business remain shuttered, but Israel’s decision to reverse its ban on gatherings and office work for all but essential employees signals the Israeli military’s confidence that its attacks have limited Iran’s missile capabilities.

Casualties mount in Iran

The Washington-based group Human Rights Activists said it had identified 239 of those killed in Israeli strikes as civilians and 126 as security personnel.

The group, which also provided detailed casualty figures during 2022 protests over the death of Mahsa Amini, crosschecks local reports against a network of sources it has developed in Iran.

Iran has not been publishing regular death tolls during the conflict and has minimised casualties in the past. Its last update, issued Monday, put the toll at 224 people killed and 1,277 others wounded.

Shops have been closed across Tehran, including in its famed Grand Bazaar, as people wait in gas lines and pack roads leading out of the city to escape the onslaught.

A major explosion could be heard around 5 am in Tehran Wednesday morning, following other explosions earlier in the predawn darkness. Authorities in Iran offered no acknowledgement of the attacks, which has become increasingly common as the Israeli airstrikes have intensified.

At least one strike appeared to target Tehran’s eastern neighbourhood of Hakimiyeh, where the paramilitary Revolutionary Guard has an academy.

Iran says it will keep enriching uranium

Israel says it launched the strikes to prevent Iran from building a nuclear weapon, after talks between the United States and Iran over a diplomatic resolution had made little visible progress over two months but were still ongoing. Trump has said Israel’s campaign came after a 60-day window he set for the talks.

Iran long has insisted its nuclear programme was peaceful, though it is the only non-nuclear-armed state to enrich uranium up to 60%, a short, technical step away from weapons-grade levels of 90%. US intelligence agencies have said they did not believe Iran was actively pursuing the bomb.

Israel is the only country in the Middle East with nuclear weapons but has never publicly acknowledged them.

Iran’s ambassador to Geneva, Ali Bahreini, told reporters that Iran “will continue to produce the enriched uranium as far as we need for peaceful purposes”.

He rejected any talk of a setback to Iran’s nuclear research and development from the Israeli strikes, saying, “Our scientists will continue their work.”

Israel welcomes first repatriation flights

Israelis began returning on flights for the first time since the country’s international airport shut down at the start of the conflict.

Two flights from Larnaca, Cyprus, landed at Tel Aviv’s Ben Gurion International Airport on Wednesday morning, said Lisa Dvir, an airport spokesperson.

Israel closed its airspace to commercial flights because of the ballistic missile attacks, leaving tens of thousands of Israelis stranded abroad. The conflict has disrupted flight patterns across the region.

Greater Kashmir

Drug peddler held with contraband substance in Kupwara, say police

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Drug peddler held with contraband substance in Kupwara, say police

Srinagar, June 18: Jammu and Kashmir Police have arrested a drug peddler in Kupwara and recovered contraband substance from his possession.

A police spokesperson said that a  police party from Police Station Trehgam at a checkpoint established near Shumnag, intercepted a suspicious person who tried to flee from the spot but was apprehended tactfully. During search, substantial amount of charas-like substance was recovered from his possession. He has been identified as Faisal Ahmad Parray, son of Wali Mohammad Parray, resident of Trehgam, Kupwara.

He said a case vide FIR No. 24/2025 under relevant sections of law has been registered at Police Station Trehgam and further investigation has been taken up to ascertain the source and network behind the illegal substance.

Greater Kashmir

Police attach residential house, vehicle under NDPS Act in Anantnag

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Police attach vehicle used in terror activities under UAPA In Budgam

Srinagar, June 18: Anantnag Police has taken stringent action under the Narcotic Drugs and Psychotropic Substances (NDPS) Act by attaching properties worth Rs 40 lakhs belonging to individuals involved in narcotics-related cases.

A police spokesperson said that in connection with FIR No. 175/2022 under Section 8/20 NDPS Act registered at Police Station Bijbehara, the residential property of Mohd Afzal Bhat, son of Sanaullah Bhat, resident of Moomin Danji, Bijbehara, has been formally attached. The action was taken as part of legal proceedings to disrupt the illicit gains from drug-related activities.

He said additionally, in another significant development, a Hyundai Creta vehicle bearing registration number JK02CX-6665, owned by Sabzar Ahmad Das, son of Nazir Ahmad Das, resident of Wagihama Bijbehara, has been seized in connection with FIR No. 102/2025 registered under Sections 8/20, 29, and 27-A of the NDPS Act at the same police station.

The combined estimated market value of the attached residential house and the seized vehicle is approximately Rs 40 lakhs, the spokesperson said.

Police reiterated its firm commitment to continue the crackdown on drug peddlers and to take all necessary legal actions to dismantle the drug network in the district. They urged general public to come forward with any information related to drug peddling and help make the district a drug-free zone.

Greater Kashmir

Silver rallies to hit fresh peak, gold gains Rs 540 as Israel-Iran conflict intensifies

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Silver rallies to hit fresh peak, gold gains Rs 540 as Israel-Iran conflict intensifies

New Delhi, June 18: Silver prices rallied Rs 1,000 to hit a record high of Rs 1,08,200 per kilogram while gold gained Rs 540 to stay above Rs 1 lakh per 10 grams in the national capital on Wednesday as the Israel-Iran conflict intensified on its sixth day, driving investors to safe-haven assets.

According to the All India Sarafa Association, the white metal had closed at Rs 1,07,200 per kg in the preceding session on Tuesday.

On Friday, silver had revisited its previous all-time high of Rs 1,08,100 per kg.

“Silver prices extended gains and crossed USD 37 per ounce level in the international markets for the first time since February 2012. Weakness in the rupee is supporting bullion prices in the domestic markets,” Rahul Kalantri, Vice-President – Commodities, Mehta Equities, said.

As per the Sarafa Association, the precious metal of 99.9 per cent purity climbed by Rs 540 to Rs 1,00,710 per 10 grams (inclusive of all taxes) on Wednesday.

Gold of 99.5 per cent purity appreciated by Rs 500 to Rs 99,950 per 10 grams (inclusive of all taxes).

On the Multi Commodity Exchange, the most traded August contract for gold futures was trading at Rs 99,411 per 10 grams, lower by Rs 130 per 10 grams.

Additionally, silver futures for July contract jumped by Rs 753 to hit a lifetime high of Rs 1,09,748 per kg.

Spot gold fell 0.23 per cent to USD 3,380.97 in the global markets.

According to Kotak Securities, gold prices are holding below USD 3,400 per ounce, as dollar strengthened with traders focussing on escalating Middle East tensions.

The brokerage firm said US President Donald Trump’s call for Iran’s unconditional surrender and discussions of potential strikes against Iranian leader Ayatollah Ali Khamenei have “heightened fears of direct US involvement in the conflict”, fuelling safe-haven demand among investors.

In the international markets, spot silver rose 0.15 per cent to USD 37.18 per ounce.

“Market participants stay cautiously bullish in near term awaiting more cues from US FOMC (Federal Open Market Committee) meeting with interest rate decision due later tonight,” Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi Shares and Stock Brokers, said.

Greater Kashmir

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