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Tariff decision by the Trump administration drives gold futures to record levels

Tariff decision by the Trump administration drives gold futures to record levels

Gold Futures Surge Amid Tariff Uncertainties U.S. gold futures reached unprecedented levels on Friday, fueled by questions surrounding the potential application of country-specific import tariffs on widely traded gold bars. A recent ruling from U.S. Customs and Border Protection hinted that these commonly traded gold bullion bars might come under new tariffs. This decision has […]

Gold futures reach record peak amid tariff-related concerns

Gold futures reach record peak amid tariff-related concerns

US Gold Futures Reach Peak Amid Import Duty Concerns On Friday, U.S. gold futures soared to record levels, primarily due to uncertainty surrounding potential country-specific import duties on gold bars, which are the most commonly traded form of gold. While spot prices have seen a slight decrease, they’re still on course for gains over the […]

Today’s gold prices rise; find the latest rates in your city on August 7.

Today's gold prices rise; find the latest rates in your city on August 7.

Gold Prices Surge on August 7th On August 7th, gold prices experienced a significant increase. The October futures contract for gold on the Indian Exchange (MCX) commenced the day at Rs 1,01,361 per 10 grams. Here’s a look at the current prices for 22-karat and 24-karat gold across key cities in India. Current Gold Prices […]

Gold stays below $3,400 but remains above the 20-day EMA.

Gold stays below $3,400 but remains above the 20-day EMA.

Gold prices are seeking new catalysts to break through the significant resistance at $3,400. Federal Reserve officials appear to be leaning towards a more dovish stance on monetary policy. President Trump intends to impose tariffs on China for purchasing oil from Russia. Gold Price (XAU/USD) is having a hard time surpassing the critical $3,400 mark […]

Gold prices in India on August 7

Gold prices in India on August 7

On Thursday, gold prices saw an uptick, as noted by data from FXStreet. The price for gold per gram increased to INR 9,527.26, up from INR 9,501.11 the day before. Similarly, the value of gold per Tola rose from INR 110,819.00 to INR 111,124.10. Unit Measure INR gold prices 1 gram 9,527.26 10 grams 95,272.56 […]

Gold gains from renewed interest in safety and expectations of a lenient Federal Reserve.

Gold gains from renewed interest in safety and expectations of a lenient Federal Reserve.

Gold prices are seeing an influx of safe-haven investments due to Trump’s new tariff threats. Increased expectations for a Federal Reserve rate cut in September are also likely to positively influence non-yielding assets. The USD has dipped to nearly two-week lows, further supporting XAU/USD. The price of gold (XAU/USD) is expected to rise as demand […]