Gold prices hit a record $3,128 per ounce
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Prices of the precious yellow metal Gold hit a new lifetime high on the Multi Commodity Exchange (MCX) on Tuesday, April 1, amid fears of US President Donald Trump's upcoming tariffs on Wednesday, Apr...
From Mint
Gold prices surged above $3,100 per ounce on Monday to a record high, as worries about potential inflation due to U.S. tariffs set the safe-haven asset up for its strongest quarter since 1986.
From Reuters
"To date, there has been very little clarity on what and who these tariffs will target out of the gate. Market volatility could escalate depending on what and who is targeted."
From Reuters
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By lowering the entry barrier, MCX attracts a wider pool of participants, including small traders and retail investors.
Prices remain volatile due to global demand, interest rates, currency fluctuations, and policy changes. Here are the retail gold prices across major Indian cities on April 1.
Gold prices have surged to new record highs, with the MCX gold rate hitting ₹90,830 per 10 gm, surpassing the previous peak of ₹90,797. This surge is largely driven by uncertainty surrounding Donald Trump’s tariffs,
Gold Price Hits New High, Rs 8,600 Away From Rs 1,00,000 Mark: What Is Impacting And What To Expect?
MCX gold price touched its new all-time high of Rs 91,400 per 10 grams, while 24K gold price is above Rs 92,000 per 10 grams. Silver prices also followed the bullish trend, however, traded near its peak levels.
One such way is through MCX Gold. MCX or Multi Commodity Exchange of India is one of the largest commodity trading platforms in India. Similar to how stocks are traded on BSE and NSE, MCX allows ...
Gold's April contracts on the Multi Commodity Exchange of India (MCX) traded at Rs 90,654 per 10 gram on April 1.
On Monday, gold and silver ended on a mixed note in both domestic and international markets. The June futures contract for gold closed at Rs 90,717 per 10 grams, marking a gain of 1.15%.
On the 1st of April, 24-carat gold rates in India spiked by Rs. 930 per 10 grams to cost Rs. 92,840. While the 22-carat gold price now retails at Rs. 85,100 per 10 grams after a rise of Rs. 850. Likewise,
6don MSN
Gold prices fell in the domestic futures market on Wednesday due to profit booking and a stronger dollar. This is despite ongoing uncertainty regarding US President Trump's tariff policies, which continue to support the yellow metal.
MCX will launch 10-gram gold contracts for trading from April 1, 2025, with a minimum price movement of Re 1. The initiative aims to attract small traders and jewellers, offering flexible trading and hedging opportunities with structured price limits.