gold mcx futures

Gold prices experienced a significant two-day decline of Rs 3,800 following remarks from US President Trump. MCX gold futures initially rose on Thursday but followed mixed settlements in domestic and international markets on Wednesday.

Gold prices have breached the Rs 1 lakh mark and investors are wondering - is this the right time to buy gold or should they be booking profits? What's the gold rate outlook for this year and will the rally last? Experts weigh in:

Gold rate today: Gold futures at MCX experienced a correction after reaching record highs, influenced by a stronger dollar and shifting US economic policies. Retail activity remains strong in anticipation of Akshaya Tritiya, with consumers favoring lighter jewelry due to elevated prices.

Gold prices soared to unprecedented levels on Monday, breaching Rs 97,000 per 10 grams in futures trade due to robust local demand. The surge was fueled by escalating tariff tensions, concerns about the US economic outlook, and the US debt crisis. Globally, gold futures also hit record highs, driven by a weakening US dollar and heightened US-China trade tensions.

Gold prices are soaring, reaching unprecedented levels. Industry leaders like Harsh Goenka and Uday Kotak are praising Indian homemakers for their wise investment in gold. Harsh Goenka shared anecdotes highlighting gold's appreciating value compared to other assets. Uday Kotak lauded Indian housewives as smart fund managers. Global economic uncertainties and geopolitical tensions are driving the gold price surge.

Gold rate today: Gold futures at MCX faced profit booking after hitting a record high, opening lower at Rs 95,457/10 grams, while silver also declined. Domestic precious metals closed positively on Tuesday, contrasting with mixed international market performance.

Gold prices in India have soared, crossing Rs 1 lakh per 10 grams, fueled by strong demand ahead of Akshaya Tritiya and the wedding season. Globally, gold also hit record highs amid economic uncertainty and geopolitical tensions. While gold surged, silver prices remained relatively stable in both domestic and international markets.

Gold futures on the MCX surged, surpassing ₹1 lakh/10 grams, mirroring gains in international markets where prices exceeded $3,500/ounce. The rally is fueled by factors including the US Federal Reserve's stance on interest rates, a weaker dollar, and global trade uncertainties.

As gold prices in India surpassed Rs 1 lakh per 10 grams, Uday Kotak praised Indian housewives for their investment acumen in gold. Kotak highlighted their long-term investment strategy as a smart way to store value amidst global economic uncertainty and rising geopolitical tensions, which have driven gold prices to record highs both domestically and internationally.

Despite record-high prices exceeding Rs 1 lakh per 10 grams, gold demand in India remains strong, fueled by Akshaya Tritiya and consistent returns over the past two years. While some analysts predict a price pullback and moderate returns, others recommend a 'buy on dips' strategy, citing key support levels and long-term targets.

Indian stock markets, including NSE and BSE, will be closed on April 18, 2025, for Good Friday. Trading will be suspended across all segments, encompassing equities, derivatives, and the SLB platform. The MCX will also remain shut, affecting commodity trading. Regular trading activities will resume on Monday, April 21. Good Friday is among the 14 scheduled market holidays in 2025.

India's central bank witnessed a significant surge in its gold reserves' value, driven by a global rally in gold prices amidst geopolitical and economic uncertainties. The RBI's gold holdings nearly tripled in value over the past year, reflecting a broader trend of central banks worldwide accumulating gold to hedge against global risks.

Gold prices have soared to unprecedented levels, reaching Rs 98,100 per 10 grams in the national capital, fueled by escalating trade tensions between the US and China. This surge is further supported by a weakened US dollar and positive outlooks from major banks, citing inflows into gold-backed ETFs and sustained central bank buying.

Amid escalating US-China trade tensions, gold prices have surged to unprecedented levels, exceeding $3,300 per ounce internationally and nearing Rs 1 lakh per 10 grams in India. This surge, driven by safe-haven demand, has dampened consumer appetite, with gold selling at a discount.

Gold prices in India surged to a record high of Rs 96,450 per 10 grams, driven by strong demand and escalating US-China trade tensions. Global spot gold reached USD 3,237.39 per ounce, fueled by safe-haven demand amid economic uncertainty. Analysts predict a continued bullish trend for gold due to geopolitical instability and central bank diversification away from the US dollar.

Gold prices in Mumbai have reached a record high, surpassing Rs 91,000/10gm, driven by global uncertainties and tariff wars. Silver prices have also surged, crossing Rs 1 lakh/kg mark. A report by Goldman Sachs has further boosted gold's outlook with a new target price of $3,300 for 2025.

Gold prices soared to a record Rs 91,250 per 10 grams in Delhi, driven by strong buying from stockists and retailers, and heightened international market trends. Growing fears of a US recession and geopolitical tensions have boosted gold's appeal as a safe-haven asset. Meanwhile, silver held steady at Rs 1,02,500 per kg, reaching historic highs.