Sensex
81,118.60 profit arw -573.38 (-0.70%)
Nifty
24,718.60 profit arw -169.60 (-0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 12-Mar-2025
Other Markets - Bullion Markets
12-Mar-2025     14:59

Gold prices firm amid trade uncertainties, MCX dips slightly

Gold remained steady above $2920 per ounce, supported by its safe-haven appeal and a weaker US dollar. President Donald Trump walked back his trade-war threat against Ontario after initially vowing to double tariffs on Canadian steel and aluminum to 50 percent, while Ontario Premier Doug Ford temporarily suspended a planned 25 percent surcharge on US electricity exports. Despite easing geopolitical risks following Ukraine's acceptance of a US-proposed 30-day ceasefire with Russia, global trade uncertainties and recession fears continued to drive investors toward gold. Meanwhile, the market is focused on the upcoming US CPI data to assess the Federal Reserve's interest rate outlook for the year. MCX gold futures traded lower by Rs 10 at Rs 86142 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,118.60 -573.38 (-0.70%)

Nifty

24,718.60 -169.60 (-0.68%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,892.57 -142.82(-0.59%)