Gold price hits a curb and drops below $3,100 as selling pressure increases. Markets are taking hits in all corners after US President Trump issued the most harsh tariffs possible. Gold traders are taking the money and are running for the hills. Gold price (XAU/USD) snaps under pressure from the selling orders on Thursday, selling
Gold price in India retreats from record highs on Thursday, following a similar price acton in Comex Gold. Traders are resorting to cashing in on their Gold long positions as the uncertainty around US President Donald Trump’s ‘reciprocal tariffs’ has fnally waned. Late Wednesday. Trump announced a 10% baseline tariff on most goods imported to the US,
Gold price finds fresh buyers near $3,110 on US President Trump’s ‘Liberation Day’. Investors prefer to seek safety in the traditional store of value, anticipating Trump’s tariffs. The daily RSI re-enters the heavily overbought zone, warranting caution for Gold buyers. Gold price regains traction on ‘Liberation Day’, having found fresh demand near the $3,110
Gold price is enjoying some support around $3,120 on Wednesday ahead of Trump’s announcement. Markets mull the impact of the official announcement of the implementation of reciprocal tariffs. Gold traders could unwind the Gold rally, should the size of tariffs be far less severe than anticipated. Gold price (XAU/USD) stabilizes above $3,120 at the time of writing
Gold price stabilizes just above $3,120 on Wednesday ahead of Trump’s announcement. Markets are bracing for the official announcement of the implementation of reciprocal tariffs. Gold traders might unwind the Gold rally, should the size of tariffs be far less severe than anticipated. Gold price (XAU/USD) stabilizes just above $3,130 at the time of writing on
Gold price attracts some dip-buyers on Wednesday and stalled the overnight pullback from the all-time high. Fed rate cut bets, subdued USD demand and rising trade tensions lend support to the safe-haven XAU/USD. The uptick lacks bullish conviction as traders now await Trump’s impending reciprocal tariffs announcement. Gold price (XAU/USD) trades with a positive bias
Gold price attracts some intraday sellers, though any meaningful corrective downfall remains elusive. A broadly stable risk sentiment holds bulls from placing fresh bets around the safe-haven XAU/USD pair. Fed rate cut bets, subdued USD demand and rising trade tensions lend some support to the yellow metal. Gold price (XAU/USD) hangs near the lower end
Gold prices rose in Pakistan on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 28,137.55 Pakistani Rupees (PKR) per gram, up compared with the PKR 28,050.67 it cost on Tuesday. The price for Gold increased to PKR 328,190.80 per tola from PKR 327,177.50 per tola a day earlier. Unit measure
Gold price edged up for a second day ahead of Trump’s tariff deadline. Traders mull the impact of “liberation day” where Trump will implement reciprocal tariffs on all countries. Gold traders are looking for upside levels with $3,200 as the next nearby target. Gold price (XAU/USD) sees earlier gains fade and is holding on to a small intraday
At the onset of the new fiscal year (FY) 2025-2026 in India, the Gold price stands tall on Tuesday after gaining 32% in FY 2024-2025. The buying interest around Gold price in India remains unabated amid speculations about its potential to reach Indian Rupees (INR) 1 lakh per 10 grams in FY26. Increased central bank buying and escalating