The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be made unilaterally.
Trade War
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.
Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here
US President Donald Trump announced reciprocal tariffs on India, China, and several other countries in the wee hours of Thursday morning, sending the global markets into a tizzy. While announcing the tariffs, the White House said that the non-tariff barriers also deprive the American manufacturers of reciprocal access to markets globally.
Gold Prices Surge Amid Trade War Fears and Geopolitical Tensions
Gold prices saw a notable uptick in early trade on Tuesday, February 25, extending gains from overnight global markets. The surge was driven by escalating trade war concerns and increased demand from retailers and jewellers in domestic markets. Despite a rebound in the US dollar during early Asian trade, gold remained resilient, supported by its safe-haven appeal.
MCX Copper Hits 4-Month High 859
Copper futures rose to nearly $4.50 per pound on Thursday, marking a four-month high.
The rally was driven by a sharp decline in the US dollar and easing concerns over a global trade war.
Gold Silver Trend Today – Bullion Sell Karna Mana Hai – Neal Bhai
Gold Silver Trend Today – In global markets, gold rates today dropped 1.4% to $1,465.34 an ounce, also extending losses to the seventh time in eight sessions. So far this year, gold prices are down over 3%, while globalstocks have plunged almost 30% and crude oil collapsed by 60%. Among other preciousmetals, silver was little changed while platinum fell 2.4%.
वायदा बाजार में सोने की कीमतों में गिरावट
वायदा बाजार में सोने की कीमतों में गिरावट का रुख बुधवार को भी जारी है। एमसीएक्स एक्सचेंज पर बुधवार दोपहर 12 बजकर 19 मिनट पर तीन अप्रैल 2020 के सोने का वायदा भाव 1.55 फीसद या 622 रुपये की गिरावट के साथ 39,622 रुपये प्रति 10 ग्राम पर ट्रेंड करता दिखा। इसके अलावा पांच जून 2020 के सोने का वायदा भाव एमसीएक्स पर इस समय 1.45 फीसद या 585 रुपये की गिरावट के साथ 39,865 रुपये प्रति 10 ग्राम पर ट्रेंड कर रहा था।
MCX Gold 500 Point Down….. Enjoy or Not – Rona Mana Hai – Neal Bhai
MCX Gold prices were flat today in Indian markets after a sharprise in the previous-session. On MCX, April futures were down 0.06% to ₹40,220 per 10 gram afterrising about ₹900 in the previous session.
MCX Gold Below ₹40150 Sell 100—500 Lots and Relaxxxx – Neal Bhai
MCX Gold Below ₹40150 Sell 100—500 Lots and Relaxxxx – Neal Bhai The yellowmetal erased thegains it made for 2020, approaching a new low for the calendaryear. Gold on the MCX Index Aprilfutures was trading at Rs 38,751 per 10 gram, down by 1.9% from its previous close.
Gold Silver Rocket – Jo Dar Gaya Samjho Mar Gaya – Rona Mana Hai
Gold Silver Rocket – Jo Dar Gaya Samjho Mar Gaya – Rona Mana Hai
MCX GOLD HIGH 43653
MCX SILVER HIGH 44675
“Consumers sitting at home and not out spending money because they fear catching the coronavirus is the ultimate negative outcome,” he added. “It has been the U.S. consumer who has been driving the recovery bus during this long expansion.”