Gold prices slipped on Tuesday as investors booked profits following a record high, yet remained bullish amidst fears of a global trade war spurred by U.S. President Donald Trump’s new tariffs.
Mcx Tips
Volatility in gold and silver prices will continue this week
“We expect gold (XAU/USD) and silver (XAG/USD) prices to remain volatile this week amid volatility inthe dollar index and concerns over the US tradewar and ahead of US Fed chairman’s testimony,”.
Gold nears all-time high as Trump’s tariff threats boost safe-haven demand
Gold prices firmed on Monday, and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after U.S. President Donald Trump’s decision to impose fresh tariffs sparked concerns of a global trade war.
Will the price of gold continue to rise in the long term?
Gold hit new record highs in both domestic and overseas markets last week. Uncertainty over US trade tariffs boosted gold’s safe-haven appeal. Strong overseas prices, a record weak Indian rupee and steady demand lent additional support to domestic prices.
Gold hits new low near $2,859 after NFT
Gold prices on Friday pared early gains after the release of the US labor market report for January 2025 and closed near $2,859.88 an ounce.
Rise in gold and silver in domestic and international markets
The April futures contract of gold on MCX opened lower by 0.04% or Rs 30 at Rs 83,253 per 10 gram on Tuesday, while the March futures contract of silver was trading lower by 0.06% or Rs 57 at Rs 94,200 per kg.
Spot Gold Technical Analysis and Forecast [31-01-2025]
This Spot Gold technical analysis page includes a summary for Spot Gold. Trading zones from Strong Buy, Sell, Neutral, Sell to Strong Sell By Neal Bhai.
Inox Wind shares surge 20% on strong sales
Inox Wind share price jumped 19.9 per cent on the BSE on Wednesday. The stock touched an intraday high of Rs 161.85 per share during the day and was trading 16.5 per cent higher at Rs 157.2 per share at 1:40 pm on January 29, 2025.
TVS Motor Q3 results: Net profit rises 4%
Two-wheeler major TVS Motor Company on Tuesday reported a 4.2% year-on-year (YoY) growth in its December quarter standalone net profit at Rs 618 crore versus Rs 593 crore posted in the year-ago period.