Sensex
84,950.95 profit arw 388.17 (0.46%)
Nifty
26,013.45 profit arw 103.40 (0.40%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 02-Jun-2025
Other Markets - Bullion Markets
02-Jun-2025     13:42

Gold shines above $3380 as US-China trade war reignites

Gold prices soared above $3380 per ounce on Monday, jumping more than 2%, as investors rushed to safe-haven assets amid renewed geopolitical and trade concerns. Meanwhile, Russia-Ukraine tensions flared again after Ukraine's drone strike destroyed over 40 Russian warplanes, prompting a massive retaliatory missile barrage by Moscow. The spike in uncertainty comes just ahead of scheduled peace talks in Istanbul. In India, gold crossed ₹97500 per 10 grams, gaining nearly ₹1500. The rally followed President Trump's announcement to double tariffs on steel and aluminum imports to 50% starting June 4, intensifying trade tensions with China, which accused the US of breaking a recent tariff truce.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

84,950.95 388.17 (0.46%)

Nifty

26,013.45 103.40 (0.40%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,384.29 -188.18(-0.71%)