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.
Bitcoin Lags Behind Global Liquidity and Gold: Trading Insights
On April 17, 2025, Crypto Rover (@rovercrc) tweeted that Bitcoin was lagging behind both global liquidity and gold but predicted that it would eventually catch up. At 10:00 AM UTC on the same day, Bitcoin was trading at $67,345, which was a 3.2% decrease from the previous day’s close of $69,560 (CoinMarketCap, April 17, 2025).
Sensex jumps 1,000 pts, Nifty reclaims 23,700: Global cues, FII buying among key factors behind market rally
Benchmark equity indices rebounded sharply in afternoon trade on Thursday, with the Sensex rallying 1,000 points and Nifty reclaiming the 23,700-mark in a strong intraday recovery, led by firm global cues and sustained foreign fund inflows. If the levels hold, markets are poised for gains for a fourth straight day.
MCX Gold Price Today Outlook (April 17, 2025)
MCX Gold Price Today: As of recent updates, MCX gold prices have been volatile, driven by global economic uncertainties, U.S. dollar movements, and geopolitical tensions.
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
Explainer: Why Donald Trump has slapped up to 245% tariff on China
Donald Trump has placed high tariffs on Chinese goods. This is in response to China’s control over minerals. These minerals are important for many industries. The US relies on China for these resources. Trump’s move aims to protect US security. China says it will take action. The US is working to build its own mineral industry.
Gold records new high at Rs 98K, soaring more than Rs 1,800 in one day
Gold prices rocketed to an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday, gaining Rs 1,800 in a single day. The surge comes amid renewed global interest in safe-haven assets following rising trade tensions between the United States and China.