Sensex
83,938.71 profit arw -465.75 (-0.55%)
Nifty
25,722.10 profit arw -155.75 (-0.60%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 04-Jul-2025
Other Markets - Bullion Markets
04-Jul-2025     15:07

Gold shines with weekly rebound as dollar tumbles to 3.5-year low

Gold advanced above $3,350 per ounce on Friday, poised to notch a weekly gain of nearly 2%, snapping a two-week losing streak. The rally was underpinned by mounting concerns over the US fiscal deficit and ongoing tariff uncertainties, which enhanced the metal's safe-haven allure. A sharp slide in the US dollar index to 96 ' its lowest level in three and a half years ' added further momentum. However, bullion's upside remained restrained by robust US labor market data, with June payrolls exceeding expectations at 147,000 and unemployment dipping to 4.1%, bolstering the Fed's case for a steady rate outlook. On the domestic front, MCX August gold futures climbed ₹227 to ₹97009 per 10 grams.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

83,938.71 -465.75 (-0.55%)

Nifty

25,722.10 -155.75 (-0.60%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,906.65 -376.05(-1.43%)