Today: Gold prices dropped by Rs 154 to Rs 90,721 per 10 grams in futures trading on Wednesday due to subdued demand in the spot market. This drop came post gold contracts for June delivery surged to an all-time high of Rs 91,400 per 10 grams on MCX Multi Commodity Exchange on Tuesday, April 1.
In the global market, gold prices have crossed $3,100 per ounce, fuelled by concerns over US tariffs and potential economic fallout, which have driven investors toward safe investment option. Now the question arise that Can Trump’s ‘Liberation Day’ tariffs enable gold prices to climb Rs 1 lakh peak in 2025?