Looking ahead, traders may brace for heightened volatility as geopolitical tensions remain elevated, with Israel and Iran continuing to exchange missile strikes. Iran’s foreign minister stated that Tehran is willing to consider diplomacy only once Israel halts its aggression.
Gold rate today: Yellow metal's August contracts on the MCX opened at Rs 98,847 per 10 grams today.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 99,202 per 10 grams today.
Gold-silver ratio has also declined significantly, tracking the rise in silver and fall in gold’s prices.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 99,372 per 10 grams today.
Silver rates today: The precious metal's futures contracts with August expiry hit an all-time high of Rs 1,09,250 per kg on MCX today.
Gold rate today: Gold's August contracts on the MCX opened at Rs 98,902 per 10 grams today.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) hit an all time high level of Rs 1,01,708 per 10 grams today.
Gold prices today: Gold's August futures of the MCX hit a fresh all-time high of Rs 1,01,078 per 10 grams today.
Trade tensions remain a key risk despite a provisional US-China trade truce reached in London. Markets await formal confirmation from Presidents Trump and Xi. Meanwhile, negotiations with the EU, India, Japan, and other partners are still ongoing.
Gold rate today: Gold's August contracts on MCX hit an all time high level of Rs 1,00,403 per 10 grams today.
Gold prices today: Gold's August contracts hit a fresh lifetime high of Rs 1,00,403 per 10 grams, while the contracts with October expiry hit an all time high of Rs 1,01,295 per 10 grams on the MCX.
Gold rate today: Gold's August contracts on the MCX were trading at Rs 98,239 per 10 gram today.
Gold rate today: The precious metal's August contracts on MCX opened at Rs 97,249 per 10 gram on June 11.
Gold rate today: Gold's August contracts on the MCX opened at Rs 96,600 per 10 gram on June 10.
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,248 per 10 gram today.
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,456 per 10 gram today.
The rising tariff jitters and geopolitical tensions have hiked investors' concerns about markets. Gold, which offers a safe haven opportunity to investors as it mostly dodges the market fluctuations, seemingly benefitted from the concerns.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,131 per 10 gram today.
Commodity markets now turn to the upcoming US labour report for policy signals, following early signs of a rebound in Q2 with modest gains in consumer spending and subdued April inflation. The ECB policy meeting, where a 25 bps rate cut is widely expected, and final PMI data will also be watched.
Gold rate today: Yellow metal's June contracts on MCX opened at Rs 95,287 per 10 gram today.
Gold rate today: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,001 per 10 gram on May 26.
Gold price may continue its positive trend in the coming week, but may encounter initial resistance at Rs 97,600, which bulls may break and sustain above, allowing prices to approach all-time highs. On the other side, initial support is at Rs 94,000, followed by Rs 92,800.
According to Geojit Financial Services, The sowing of summer crops in Maharashtra reached 510,539 hectares as of Monday, up 20% on year from 424,345 hectares sown in the same period last year, according to a report released by the state agriculture department.
Gold rate today: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,344 per 10 gram today.