On Thursday, January 30, 2025, gold prices were trading higher as of 1:49 PM. In the international market, spot gold rose by 0.63%, reaching $2,770.51 per ounce. In India, gold prices have increased by ₹390 across major metro cities. In Mumbai, 24-carat gold is priced at ₹8,096 per gram and ₹80,960 per 10 grams, while …
On Wednesday, January 29, 2025, gold prices remained flat ahead of the Federal Open Market Committee (FOMC) policy decision. The US Federal Reserve is set to announce its policy later in the day, and any rate cut could support gold prices. In the international market, spot gold was trading with modest gains of 0.04% at …
On Tuesday, January 28, 2025, the precious yellow metal saw an uptick in prices, reflecting increased global demand. Gold has regained prominence due to heightened uncertainty following former US President Donald Trump’s protectionist tariff policies and speculations about a US Federal Reserve rate cut. This has fuelled the demand for gold as a safe-haven asset. …
The yellow metal, gold, experienced profit booking on Monday, January 27, 2025, as the US dollar rebounded from a 1-month low. Spot gold prices in the international market dropped by 0.75%, trading at $2,752.07 per ounce as of 11:55 am IST. This downward trend was reflected in major metro cities across India. In Mumbai, 24-carat …
The yellow metal, gold, has been trending higher on Friday, January 24, 2025. The gold price has been surging recently amid uncertainty surrounding Donald Trump’s trade policies. The spot gold price in the international market was trading higher by 0.55% at $2,771.55 an ounce at 3:20 PM on January 24, 2025. Gold prices have shined …
The yellow metal, gold, after climbing to a multi-week high, witnessed profit booking on Thursday, January 23, 2025. Recently, gold prices surged due to uncertainty surrounding U.S. President Donald Trump’s trade policies. U.S. President Donald Trump vowed to impose tariffs on the European Union and mentioned his administration was discussing a 10% punitive duty on …
Gold prices reached a multi-week high on Wednesday, buoyed by a weaker dollar and heightened safe-haven demand due to uncertainties surrounding US President Donald Trump’s trade policies. Trump’s first day in office initially improved risk appetite, only to turn risk-averse after he hinted at imposing tariffs on Canada and Mexico while signing a series of …
Gold prices witnessed significant volatility earlier in the day on December 23, 2024, as the markets reacted to a strengthening US dollar and rising bond yields. This fluctuation came on the back of recent macroeconomic data highlighting the robustness of the US economy. Despite these developments, a decline in US inflation helped ease concerns about …
On Monday, January 13, 2025, crude oil prices rose by approximately 2%, reaching $80.99 at 08:35 AM IST. This increase follows a strong rally last week, driven by the United States’ imposition of tough sanctions on Russian oil exports. On Friday, January 11, 2025, oil prices surged nearly 3%, hitting their highest level in three …
As the equity market continues to experience volatility, gold has emerged as a safe-haven asset, leading to a surge in investments in gold Exchange Traded Funds (ETFs) in India. The World Gold Council (WGC) revealed that December 2024 marked the 8th consecutive month of inflows into gold ETFs, reflecting a shift in investor sentiment amidst …
