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 : 04-Jul-2025
Other Markets - Bullion Markets
04-Jul-2025     15:07

Gold shines with weekly rebound as dollar tumbles to 3.5-year low

Gold advanced above $3,350 per ounce on Friday, poised to notch a weekly gain of nearly 2%, snapping a two-week losing streak. The rally was underpinned by mounting concerns over the US fiscal deficit and ongoing tariff uncertainties, which enhanced the metal's safe-haven allure. A sharp slide in the US dollar index to 96 ' its lowest level in three and a half years ' added further momentum. However, bullion's upside remained restrained by robust US labor market data, with June payrolls exceeding expectations at 147,000 and unemployment dipping to 4.1%, bolstering the Fed's case for a steady rate outlook. On the domestic front, MCX August gold futures climbed ₹227 to ₹97009 per 10 grams.

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%)