Sensex
77,616.40 profit arw 47.01 (0.06%)
Nifty
24,211.00 profit arw 4.10 (0.02%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 28-Oct-2025
Other Markets - Bullion Markets
28-Oct-2025     15:00

Bullion slumps $500 from October highs on trade deal optimism

Gold prices dropped nearly 3% to around $3900 per ounce in Asian trade on Tuesday, extending a sharp pullback as progress toward a US-China trade deal reduced safe-haven demand. The metal has now fallen almost $500 from its October high of $4398, with profit-taking adding to the decline. US and Chinese officials said a framework agreement has been reached and could be finalized when Presidents Trump and Xi meet later this week. Attention now turns to the Federal Reserve's policy decision, where a 25 bps rate cut is widely expected, while the BOJ and ECB are set to keep rates unchanged. On the domestic front, MCX December gold futures fell about 2.3% to around ₹117628 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

77,616.40 47.01 (0.06%)

Nifty

24,211.00 4.10 (0.02%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

24,213.73 38.60(0.16%)