gold, India and Trump tariffs
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Seeking Alpha |
India's $32 billion gems and jewellery industry faces a sharp decline due to U.S. tariffs.
Reuters |
Gold hit a record high on Thursday, as nervous investors rushed towards safe-haven assets after U.S. President Donald Trump announced more aggressive-than-anticipated tariffs against major trading par...
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On Thursday, 3rd April, 24-carat gold rate in India jumped by Rs. 540 per 10 grams to cost Rs. 93,380. While the 22-carat gold price stands at Rs. 85,600 per 10 grams after a rise of Rs. 500.
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ABP News on MSNGold Rate Today (April 3): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More CitiesIndia's gold market relies significantly on imports, with recycled bullion accounting for just a small fraction of the country's demand. As the world's second-largest gold consumer after China, India's gold prices are influenced by a range of factors.
The price of 18 carat gold per gram in Delhi today is ₹7,016, as opposed to ₹6,975 yesterday. The price of 22 carat gold per gram in Delhi today is ₹8,575, as opposed to ₹8,525 yesterday. The average 22 carat gold rate in Delhi in the last 10 days has been ₹8,
Gold's June contracts on the Multi Commodity Exchange of India (MCX) traded at Rs 91,423 per 10 gram on April 3.
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.
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Gold prices surged to an all-time high, with MCX gold touching ₹91,423 per 10 grammes and spot gold reaching $3,167.57 per ounce. The rally follows US President Donald Trump’s 10 per cent baseline tariff on all imports,
Why does gold price change in different cities? The price of gold varies in different cities in India, due to the demand as well as the transportation cost involved. South India has a higher ...
Gold prices in India surged Rs 2,000 to a record high of Rs 94,150 per 10 grams, driven by strong demand and geopolitical uncertainty. Silver prices also rose.