Posts by technical

Gold touches Rs 1 lakh/10 gm mark

Weekly Blog

Gold prices reached a record high of $3397 (~Rs 96747) on exchanges and nearly Rs 1 lakh in the spot market after adding 3% GST today. Concerns over global economic growth as a result of the escalating Sino-U.S. trade war are driving the rise, with a weaker dollar adding to the momentum.

Gold sustains above $3350 as a stagflation scenario emerges

Daily Report

The gold price reached an all-time high of $3371 (~Rs 95894) as the tariff war between the world’s largest powerhouses escalated further. US President Donald Trump has ordered his team to investigate potential new tariffs on all imports of critical minerals, to reduce their dependency on China.

New high for gold again amid growth concerns

Daily Report

Gold prices have surged to an all-time high today, fueled by a lower dollar, trade war tensions, and concerns about global economic growth due to US President Donald Trump’s tariff plans, which prompted safe-haven inflows.

A world of extreme uncertainty sparks gold to cross $3200

Daily Report

Gold’s haven status has been underlined this week as it approaches $3240 (~Rs 92400). President Donald Trump’s flip-flopping message on his tariff plan sparks frenzied selloffs for US stocks, Treasuries, and the currency, as worries of a global recession grip Wall Street.