Gold hits fresh peak of Rs 89,450 per 10 gm, silver above Rs 1 lakh
Gold prices hit a fresh high of Rs 89,450 per 10 grams in the national capital on Thursday, advancing Rs 50 amid firm global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 89,400 per 10 grams on Wednesday.
Gold of 99.5 per cent purity went up Rs 50 to establish a record of Rs 89,050 per 10 grams.
Gold also hit a fresh peak of Rs 86,541 in the bullion market, according to the India Bullion and Jewellers Association.
«Gold hit fresh record highs on Thursday as the news flow regarding Trump's tariff policy continues to attract safe haven flow towards gold and also to prevent investors from profit-taking in gold,» Saumil Gandhi, Senior Analyst — Commodities at HDFC Securities, said.
President Trump stated on Wednesday that he would impose tariffs on timber, vehicles, semiconductors, and pharmaceuticals over the next month or sooner.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Dow Theory Made Easy
By — Vishal Mehta, Independent Systematic Trader
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and
