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 […]
Gold Price Outlook: XAU/USD faced resistance at $3,400 and is currently testing support at $3,380.
Gold Sees Dip from Two-Week High Amidst Stronger USD Gold prices have dropped from their recent peak of $3,400, largely due to the rising strength of the US dollar. Speculations surrounding Waller as a potential successor to Powell have also supported the dollar. Currently, gold is trading below $3,380, and there are expectations it may […]
Gold prices today see a significant rise; find the latest rates in your city for August 8.
Gold Prices Surge on August 8 On August 8, gold prices saw a significant increase, with the October contract for gold on the Indian Exchange (MCX) climbing to a record high of Rs 1,02,250 per 10 grams. Here’s a snapshot of the current prices for 22-carat and 24-carat gold in major Indian cities as of […]
Gold futures hit a new peak following news that Trump has placed tariffs on one-kilo bars.
UK Stocks Edge Up Following Rate Cut The UK’s FTSE 100 stock index opened slightly higher this morning, with an increase of 0.26%. JD Sports led the gains, seeing its shares rise by 2.2%. This was closely followed by Glencore, whose shares went up by 1.9% after reports indicating that the company would maintain its […]
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 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
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 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 […]
Gold prices for Wednesday, August 6, 2025: Gold starts above $3,400 before tariff deadline
Gold futures kicked off Wednesday at $3,434.90, marking a 1.6% increase from Tuesday’s close of $3,381.90. Prices for gold continued climbing in early trades, momentarily dipping after hitting a fresh weekly peak. Starting Thursday, many of Trump’s mutual tariffs will take effect, along with new tariffs on semiconductors and pharmaceuticals. Interestingly, financial markets seem to […]
Gold price forecast for today: What is the trend for gold rates on August 5, 2025? Here’s the outlook.
Gold Price Forecast Today’s gold price outlook indicates a potentially positive trend, despite being in a tight trading range for quite some time. According to a senior analyst at MiraeSharekhan, there are factors influencing gold prices amid fluctuations in interest rates. Gold Performance Overview On August 1st, gold displayed a notable reversal following a disappointing […]