Sensex
72,794.30 profit arw -455.09 (-0.62%)
Nifty
22,560.70 profit arw -126.95 (-0.56%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

As on : 07-Aug-2025
Other Markets - Bullion Markets
07-Aug-2025      14:53

Gold hits $3470 on tariff tensions, Fed cut bets

Gold futures surged above $3470 per ounce on Thursday, hitting their highest level since June 16, as safe haven demand soared amid fresh US tariff threats and expectations of a Fed rate cut. MCX October bullion futures also climbed 0.5% to ₹101729 per 10 grams, tracking global gains. President Trump confirmed an additional 25% tariff on Indian imports and raised duties on select Brazilian goods to 50%, fueling market uncertainty. A weaker US dollar index, now below 98, added to the momentum as traders bet on a September rate cut, with another move likely in December. The latest jobless claims data is now awaited for further cues.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

72,794.30 -455.09 (-0.62%)

Nifty

22,560.70 -126.95 (-0.56%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

22,919.11 -732.77(-3.10%)