Gold rate down by 0.11 per cent, silver down by Rs 861: What is right time to invest in yellow metal

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Gold rate down by 0.11 per cent, silver down by Rs 861: What is right time to invest in yellow metal

The MCX Gold price plunged 0.11 per cent to Rs 85,722 during the early trading session on Tuesday after reaching a record high on Monday over concerns about US President Trump's aggressive 25 per cent tariff policy. In terms of price, the Gold MCX saw a decline of Rs 31. Meanwhile, the price of Silver fell by 0.90 per cent or Rs 861 and stood at Rs 94,434 per kg.  Earlier on Monday, Gold prices zoomed by Rs 2,430 to hit a lifetime high of Rs 88,…

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Gold closes above $2,900 for first time with Trump set to impose new tariffs (GLD:NYSEARCA)

Gold prices settled above $2,900/oz for the first time, driven by continued safe-haven demand after President Trump said he would impose additional 25% tariffs on steel and aluminum imports.

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Live: Gold prices rose in global markets at the end of trading...

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Gold holds steady above $2,900 as Trump reinstates tariffs on metals

Gold price rallied sharply and set a record high above $2,900 on Monday after the President of the United States (US), Donald Trump, enacted tariffs of 25% on base metals.

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Gold Hits Record Above $2,900, Analysts Forecast $3,000 Soon

Gold has set a new all-time high, reaching the $2,900 level for the first time in history. The gold price reached as high as $2,910 on the spot market, and as high as $2,936 on the futures market. The price of the most common gold bar type, the 1-kilo gold bar, is currently $93,273. Trade Gold on PrimeXBT Gold, which has been on an extended rally (up 43.3% in the last year), has received an additional boost recently due to Donald Trump’s tariffs…

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Stock markets are reacting relatively calmly to new US threats to global trade. However, 25% tariffs on steel and aluminum imported into the world's largest economy are pushing up the price of gold.