Gold prices rise amid concerns over Trump's tariff plans

Gold prices rise amid concerns over Trump’s tariff plans

Gold price (Yellow Metel) extends its upside during the early European trading hours on Friday. The growing concerns about US President Donald Trump’s tariff plans provide some support to the precious metal. Additionally, a decline in US bond yields across the curve contributes to the yellow metal’s upside.

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Gold prices rise over 4% in January 2025

Gold prices rise over 4% in January 2025

Gold price today: It appears that investors around the world are parking their investments in safe-haven assets like gold, as they did in the previous calendar year as fresh concerns over Donald Trump’s tariff plans and elevated stock valuations are prompting them to exit risky assets in 2025, putting equity markets under significant pressure.

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Gold price today: MCX gold price ₹700 away from all-time high. Will it hit new highs amid US inflation concerns?

Gold price today: MCX gold price ₹700 away from all-time high. Will it hit new highs amid US inflation concerns?

Gold Price today: Amid US Fed rate cut buzz, MCX gold rate continued to trade sideways but managed to sustain above ₹79,000 per 10 gm mark. Gold futures contract for February 2025 expiry on Multi Commodity Exchange opened downside at ₹79,150 per 10 gm and touched an intraday low of ₹79,022. However, the precious yellow metal soon bounced back and came around ₹79,080 per 10 gm, around ₹700, away from the lifetime high of ₹79,775 per 10 gm.

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Gold Rate Today: Experts' Strategy for MCX Gold

Gold Rate Today: Experts’ Strategy for MCX Gold

Gold price today: Gold rates rose during the morning session of trade in the domestic futures market on Tuesday, January 7, amid a decline in the US dollar, driven by expectations of softer tariffs under the incoming Donald Trump administration. MCX Gold for February 5 expiry traded 0.15 per cent up at ₹77,305 per 10 grams around 03:41 PM.

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