Support is at $2947 (MCX June contract ₹86,300) /$2900 (₹85,000). Resistance is at $3050 (₹89,300)/$3100 (₹90,800)
On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹82,840
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,610
Gold dropped over 3% on Friday, after US President Donald Trump's bigger-than-expected tariff measures rippled across global markets, wiping out nearly $6 trillion in value from US stocks last week
On April 3, spot gold, buoyed by renewed safe haven demand due to unexpectedly high reciprocal tariff rates that pose a risk to the global trade and economy, soared to a fresh record high of $3,167.84
In the previous session, Sensex gained 592.93 points (0.78 per cent) to close at 76,617.44, while Nifty50 rose 166.65 points (0.72 per cent) to settle at 23,332.35
All eyes are on the US non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path
Gold rallied 19 per cent in the first quarter as it was up around 2 per cent last week-its fourth straight weekly gain.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,110
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 84,260
The key risks to the upside in gold, BofA Securities said includes US fiscal consolidation, reduced geopolitical tensions, and a return to collaborative inter-governmental relations
Stock Market Today, Tuesday, April 1: At 7:00 AM, GIFT Nifty futures were at 23,449, down 189 points
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹83,410
The Personal Consumption Expenditures (PCE) price index increased 0.4 per cent in February, compared with analysts expectation of 0.3 per cent rise, similar to January's increase
Sensex Today | Stock Market Highlights on Friday, March 28, 2025: The Nifty Midcap100 and Nifty Smallcap100 indices closed with losses of 0.32 per cent and 0.15 per cent, respectively
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 82,360
FY25 wrap: At 6:34 AM, GIFT Nifty Futures were down 28 points at 23,749, suggesting a negative start
Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year and hit an all-time peak of $3,057.21 on March 20
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹81,960