Gold inches closer to its record high as Trump’s fresh tariff plans shake global markets. Investors are rushing to the safe-haven asset, pushing spot gold near $2,900. With the Fed holding back on rate cuts and trade tensions heating up, analysts see further upside. Meanwhile, silver hovers around $32, and platinum and palladium record slight gains. In India, gold is priced at Rs 86,833 per 10g in Delhi, with minor fluctuations across major cities. Will gold break the $3,000 barrier soon? Experts weigh in.
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1/10Gold hovers close to its record $2,886 mark as Trump’s tariff bomb spooks markets. Investors are piling into the safe-haven metal.
2/10Spot gold jumps 0.5 per cent to $2,875, while U.S. gold futures touch $2,902. Analysts see more upside ahead.
3/10Trump plans 25% tariffs on steel and aluminum imports, triggering fears of fresh trade tensions worldwide.
4/10Experts predict further gains as geopolitical risks and trade uncertainty drive demand for gold.
5/10The Fed remains cautious on rate cuts despite stable job data. How will this impact gold prices?
6/10Gold at Rs 86,833 per 10g in Delhi, silver at Rs 1,02,500/kg. Prices see slight dips amid market volatility.
7/10Spot silver rises to $31.99, while platinum and palladium also record slight gains.
8/10Chennai: Rs 86,681 | Bangalore: Rs 86,675 | Hyderabad: Rs 86,689 | More details inside!
9/10Gold and silver prices swing due to global demand, currency moves, interest rates, and government policies. Economic events and jeweler insights also shape market trends. Here’s what drives the fluctuations.
10/10If trade tensions escalate, analysts believe gold could break the $3,000 mark soon!