Gold rate today: After the conservationist policy of US President Donald Trump and the weak US dollar, after geopolitical stress, business war fear and economic uncertainty, Gold prices The 47th US President has been on uptrend since the inauguration of the 47th US President on 20 December 2024. Following the end of Friday session, gold prices recorded the eighth direct weekly benefits in the international market and the seventh direct weekly benefit in the domestic market. In these seven weeks, Mcx gold rate Gone from On 76,544 86,020 per 10 grams, logging A 9,506 per 10 grams profit. After finishing On Friday, a mark of 86,020 per 10 grams, MCX Gold recorded a weekly benefit of about 1.57 percent.
In international markets, Gold prices Continuing the trend on its top, reached a new high of $ 2,954.94 an ounce. Many major factors have increased the continuous growth of gold since January 2025. The tariff war launched by the Trump administration, recent weakness in the dollar index, geopolitical uncertainties, ETF flows have increased, and rate cuts by major central banks have supported up all yellow metals. motion. However, a factor that is ignoring most experts and market supervisors is, from Bank of England to central banks around the world, especially gold outflow for America. JP Morgan Chase and HSBC have used commercial flights to move physical gold to London to New York. According to experts, the demand for gold in the US has increased in view of Donald Trump, who has imposed tariffs on gold exported to the US from European countries. As a result, the US has more and more gold prices compared to Europe. Therefore, the central bank is transferring gold from London Walts.
Gold transfer from London Walts
SS Welthtytte founder Sugandha Sachdeva said, “The tariff controversy between the US and Europe affects the uncertainties in global trade, affecting gold prices, to a continuous rally in gold prices in gold prices in Sugandha Sachdeva Pointing to this hidden reason, the Trump administration can recently put tariffs on gold after 25 percent of import tariffs. Higher.
Why are the gold from the bank of England vaults in the central and private banks London, Anuj Gupta in HDFC Securities, Head – Commodity and Currency, said, “Donald Trump’s discussion due to the discussion of the market of Donald Trump, a tariff, yellow metal Applying prices exceeds the quotes of gold price in America.
RBI follows shoot
Anuj Gupta of HDFC Securities said that the Reserve Bank of India (RBI) is not far behind American banks. He said that in May and October 2024, the Indian central bank sent 100 and 102 tonnes of gold from the bank of England vaults. With this, RBI’s total gold reserves were taken to 855 tonnes, with 510.5 tonnes stored in India.
“So, Trump’s tariff policy is not the only reason for a continuous rally in gold prices. There are geopolitical concerns, the risk of inflation is again spicing, and concerns about low economic development. Now, Bank of the Bank of the Bank of the A new gold stress from The Bank.
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