Gold prices drop as Wednesday’s Asian session begins, which is sponsored by Trump’s comments that he is not looking to fire Fed Chair Jerome Powell. At the time of writing, Yellow Metal plunges over 1% and trades at $3,291.
Ananya
Gold price crosses ₹1 lakh: Huge surge in yellow metal
Gold price today: Precious metal gold soared to hit the psychologically important level of ₹1 lakh per 10 grams in the retail market, ahead of Akshaya Tritiya, which is the auspicious day for purchasing gold in India.
Gold’s record rally pauses as investors cash in gains
Gold prices eased on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and escalating U.S.-China trade tensions kept bullion above the $3,300 per ounce level.
Gold remains within striking distance of new record-high above $3,319
Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3319 in Wednesday’s North American session. The precious metal remains an attractive investment amid heightening global trade tensions. The intensifying trade war between the United States (US) and China has forced financial market participants to stay on the safe-haven fleet, assuming that the tussle for dominance between them is painful for the global economy
Gold rates on April 16: Precious metal hits all-time high
Gold prices hit fresh all-time high levels on April 16 amid heightened global uncertainties. Concerns over US President Donald Trump’s reciprocal tariffs and their subsequent reversal made investors shift to safe-haven assets like gold.
Overbought gold appears vulnerable to a fall. Here’s what RSI, MACD, other technical indicators suggest
Gold bulls remain in high spirits hitting fresh lifetime highs on a regular basis. On Friday, the MCX gold contracts scaled a peak of Rs 93,588, surging by Rs 1555 or 1.7% taking cues from international prices. Yellow metal prices on the Comex were hovering around $3,237 per troy ounce, up by $59.50 or 1.9%.
Extreme volatility sends US stocks on a roller coaster ride as Wall Street is rattled by tariffs
US stocks mostly fell after an extremely volatile day Monday — tumbling, surging and then bouncing around in every direction, as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted.