• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Gold Hits All-Time High At Rs 8,432 Per Gram Amid Geo-Political Uncertainties

OMMCOM NEWS by OMMCOM NEWS
February 5, 2025
in Business

Mumbai: Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties.

According to experts, gold prices touched an all-time high as it is underpinned by safe-haven demand after China responded to US tariffs, which were initially imposed by President Donald Trump on the world’s largest consumer of gold.

Motilal Oswal Financial Services Limited said the market views the US tariffs as inflationary, potentially boosting safe-haven demand for bullion, which is traditionally seen as a hedge against both rising prices and geopolitical turmoil.

Meanwhile, 22-carat gold was priced at Rs 8,230 per gram. On the Multi Commodity Exchange (MCX), April gold futures touched a new peak of Rs 84,200 per 10 grams.

In Delhi, 24-carat gold was priced at Rs 85,383 per 10 grams, while in Chennai, it was Rs 85,231 per 10 grams.

In Mumbai and Kolkata, gold was trading at Rs 85,237 and Rs 85,235 per 10 grams, respectively.

Meanwhile, silver prices remained relatively stable. March silver futures on MCX were trading at Rs 95,674 per kilogram.

However, silver has gained Rs 1,400 per kilogram so far this week.

Chennai recorded the highest silver price at Rs 1,08,600 per kilogram, while Delhi had the lowest at Rs 1,01,500 per kilogram.

In Mumbai, silver was trading at Rs 1,00,800 per kilogram, whereas Kolkata saw prices at Rs 1,02,300 per kilogram.

In the international market, spot gold was up by 0.2 per cent at $2,847.33 per ounce. At one point, it hit a new all-time high of $2,848.94 per ounce.

US gold futures remained steady at $2,876.10 per ounce. Spot silver also gained 0.2 per cent at $32.15 per ounce.

(IANS)

Tags: GoldGold pricesPresident Donald Trump
ShareTweetSendSharePinShareSend
Previous Post

Kerala HC Rules Ragging Worse Than Vandalism, Stays Re-Admission Of Accused Veterinary Students

Next Post

India’s Services Sector Records Sharp Expansion In January, Surge In Hiring: HSBC

Related Posts

Business

India’s Exports Of Pharmaceuticals, Textiles, Jewellery To US Likely To Go Up After Bilateral Trade Pact

June 23, 2025
Business

Air India Express Flight From Delhi To Jammu Returns Midway, Airline Cites Technical Issue

June 23, 2025
Indian stock markets
Business

Sensex Ends Lower In Volatile Session As Mideast Tensions Flare Up

June 23, 2025
Business

Saudi Arabia, Russia Offer Oil Supply Continuity For India Amid Iran’s Hormuz Uncertainty

June 23, 2025
Business

India’s Export Sector Stands Strong Amid Rising Geopolitical Tensions: FIEO

June 23, 2025
Global Economy
Business

India’s Economic Activity Surges To 14-Month High: Report

June 23, 2025
Next Post

India’s Services Sector Records Sharp Expansion In January, Surge In Hiring: HSBC

First Batch Of 104 Illegal Indian Immigrants Reaches Punjab

Odisha's Shubhankar Das Shines In Crime Thriller Chidiya Udd, Opens Up On His Acting Career In Bolllywood

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.