Sensex
80,426.46 profit arw -733.22 (-0.90%)
Nifty
24,654.70 profit arw -236.15 (-0.95%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 12-Jun-2025
Other Markets - Bullion Markets
12-Jun-2025     14:22

Gold shines on Trump's tariff play, soft inflation print

Gold climbed toward $3400 per ounce on Thursday, fueled by a cocktail of geopolitical tensions and monetary policy optimism. Heightened US-Iran friction and President Trump's plans to impose new unilateral tariffs reignited risk aversion, while dovish cues from US inflation data strengthened expectations of a Fed rate cut as early as September. The dollar index dipped below 98.3, hitting its lowest since early 2022, further supporting the metal. MCX August gold futures surged ₹1100 to ₹97805 per 10 grams, with physical prices soaring past ₹1 lakh. Traders now look to Thursday's PPI release for further clarity on the Fed's path ahead.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

80,426.46 -733.22 (-0.90%)

Nifty

24,654.70 -236.15 (-0.95%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,128.21 -356.48(-1.35%)