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Gold hits record high of 1,01,600 as demand peaks ahead of wedding season

Gold purity of 99.9% hit a lifetime high of ₹1,01,600 per 10 grams.

Even as global macroeconomic uncertainties continued to fuel the safe-haven chase, gold prices in the national capital jumped by <span class='webrupee'>₹</span>1,800 on Tuesday, surpassing the critical <span class='webrupee'>₹</span>1 lakh-mark for 10 grammes due to a rush of purchases by local jewellers and stockists anticipating increased demand during Akshaya Tritiya and wedding season.(PTI)
Published on Apr 22, 2025 07:41 PM IST
PTI |

As Powell vs Trump battle ensues, US stock market hits new lows

The ideological battle between Donald Trump and Jerome Powell is now impacting both, the US stock market as well as the dollar. How bad are things?

Stock market plunges into crisis amid Trump vs Powell battle(REUTERS)
Published on Apr 22, 2025 01:43 AM IST
ByShrey Banerjee

Gold crosses 95,000 for the first time as dollar weakens, trade war persists

Gold has traditionally been viewed as a safe-haven asset, especially during times of geopolitical and economic uncertainties.

One of the reasons why this came about was the US dollar weakening by 0.65%, as per data from Bloomberg's Dollar Index Spot.(Representative Image)
Published on Apr 16, 2025 03:44 PM IST

Gold prices ease from record high after Donald Trump's tariff exemptions

Trump had however, said on Sunday that the exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived.

This is because non-yielding gold has traditionally been viewed as a hedge against economic uncertainty and inflation.(Representative Image)
Published on Apr 14, 2025 12:08 PM IST

Asian stocks rise after Trump pauses most tariffs; Shanghai gains despite hike

Donald Trump paused most tariffs for 90 days on several trade partners but raised duties on Chinese goods to 125%. 

A television screen displays a news report featuring US dollar banknotes inside a trading room at Hana Bank in Seoul, South Korea, on Wednesday, April 9, 2025. (Bloomberg)
Updated on Apr 10, 2025 12:02 PM IST
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