Gold prices fell 0.22% to $98,769, pressured by a stronger US dollar and Fed signals. While noting continued economic uncertainty, the Fed report emphasized strong inflation and low unemployment. In June, Swiss gold exports to the UK rose 44% to 83.8 metric tons, a sign of growing investor interest in Western vaults. But for the…
Gold prices fell 0.91% to $99,417 on Wednesday, as a series of new trade deals boosted investor confidence. This included lower-than-expected reciprocal tariffs of 15%, below the threatened 25%. Similar deals with the Philippines and Indonesia further dampened demand for gold, with market attention now turning to next week’s Federal Reserve meeting, when rates are…
Gold prices rose 0.88% to close at ₹98,579 today as investors turned more cautious after a series of weak economic reports from the US. The latest jobs report (JOLTS) showed that 7.39 million jobs were added in April. While the figure was higher than expected, it still showed uncertainty in the job market. Comments from…
Gold prices are witnessing a slight decline on the eve of Akshaya Tritiya on 30.4.2025. This is fueling the interest in buying gold among the people. As trade tensions between the US and China eased, gold prices fell significantly by 0.96% to close at 94,992. When Beijing decided to waive 125% taxes on some US…
Following an all-time high, traders booked profits, leading to a 0.24% decline in gold prices to ₹85,910 per 10 kg. The US President threatened a 25% tariff on vehicle imports and additional duties on pharmaceuticals. The gold price forecast for the year-end 2025 was revised upwards to $3,100 per ounce, with macroeconomic factors also weighing…
