Sensex
79,809.65 profit arw -270.92 (-0.34%)
Nifty
24,426.85 profit arw -74.05 (-0.30%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 02-Jul-2025
Other Markets - Bullion Markets
02-Jul-2025     14:58

Geopolitical calm caps gold gains despite weaker dollar

Gold futures held within a tight $20 range as traders weighed a weaker US dollar against fading safe-haven demand. The greenback slipped to a 3.5-year low near 96, pressured by fiscal worries and dovish Fed expectations. However, easing geopolitical tensions, following a proposed 60-day Gaza ceasefire, curbed gold's upward momentum. On MCX, August contracts were flat at ₹97269 per 10 grams. Despite supportive macro undercurrents, lack of fresh triggers and holiday-thinned trading kept volatility muted. All eyes now turn to Thursday's US payrolls data for direction, with markets seeking clarity on the Fed's next rate stance amid mixed economic signals.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

79,809.65 -270.92 (-0.34%)

Nifty

24,426.85 -74.05 (-0.30%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,077.63 78.80(0.32%)