Sensex
83,432.89 profit arw 193.42 (0.23%)
Nifty
25,461.00 profit arw 55.70 (0.22%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 12-May-2025
Other Markets - Bullion Markets
12-May-2025     14:25

Gold capitulates below ₹93 000 as trade optimism erodes haven allure

Gold plunged over $100 to hover near $3230, with MCX futures dipping under ₹93 000 per 10 g on Monday. Renewed confidence in US-China trade talks drained bullion's safe-haven appeal, while the dollar index surged past 101.36, rendering gold costlier for overseas buyers. Treasury Secretary Scott Bessent is set to reveal further details soon, likely reinforcing risk-on flows. Despite the India-Pakistan ceasefire holding into Sunday, geopolitical calm offered little support. With risk appetite on the rise and the greenback charging ahead, gold's rally has been decisively checked.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)