The 700-kilogramme (1,500-pound) bull, a rare albino buffalo with a flowing helmet of light hair resembling the signature look of the US president, was due to be slaughtered to mark the day. But hours before it faced the knife, the government stepped in to save the animal, which has become an online sensation

Gold and silver prices fell in global markets as a strong US dollar and renewed US-Iran tensions weighed on sentiment. MCX remains partially shut on Eid