Gold prices in India is likely to be influenced international prices after Donald Trump’s inauguration day where he signed eight executive orders. However, concrete changes are yet to be announced especially related to US trade policy. Yesterday, 24K, 22K, and 18K gold prices climbed ahead of Trump’s inauguration with dollar index witnessing sour mood.
Gold prices India
Rates fall ahead of Trump’s swearing-in; What should be your strategy for MCX Gold?
Gold price today: Gold rates dropped in the domestic futures market in the morning session on Monday, January 20, tracking weak global cues. The yellow metal dropped on signs of easing tensions in the Middle East. The focus was on Donald Trump’s inauguration today as investors await clarity on the new government’s policies.
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.
Gold prices hit one-month low amid strong US dollar; check latest prices in your city
Gold prices fell for the third day in a row, declining by ₹1,470 per 10 grams in early trade on Wednesday, November 13, due to a stronger US dollar in global markets. The American currency traded near three-month high levels ahead of the key inflation data which could give cues about possible rate cuts by the US Federal Reserve.
What Should Be Your Near-Term Strategy For The Gold?
With US election uncertainties behind us and the Fed cutting rates as anticipated, gold prices are experiencing profit-taking amid a lack of new catalysts.
Gold Rates Up for 3rd day, Silver Prices Surge
Silver and gold rates gained in Indian markets today, lifted by higher global rates. On MCX, February gold futures rose 0.52% to ₹40,560 per 10 gram, extending gains to the third day. Tracking gold, silver also edged higher.
ANALYSTS: NEW ZEALAND SHOOTING SENT GOLD PRICE HIGHER
The attacks over in New Zealand has stunned the markets; Investors are seeking shelter under safe haven assets.