29 Aug, EOD - Indian

Nifty Next 50 65745.75 (-0.30)

Nifty IT 35181.25 (-0.87)

Nifty Smallcap 100 17227 (-0.39)

Nifty Bank 53655.65 (-0.31)

Nifty 50 24426.85 (-0.30)

Nifty Midcap 100 55727.4 (-0.57)

SENSEX 79809.65 (-0.34)

Nifty Pharma 21804.05 (-0.02)

29 Aug, EOD - Global

NIKKEI 225 42718.47 (-0.26)

HANG SENG 25077.62 (0.32)

S&P 6484.75 (-0.69)

Login/Signup
Careers

Commodity Mid Session News

You are Here : Home > News > Commodity Mid Session News >

(04 Jul 2025, 15:08)

Bullion regains ground, Gold set for 2% weekly rise amid dollar weakness

Gold advanced above $3,350 per ounce on Friday, poised to notch a weekly gain of nearly 2%, snapping a two-week losing streak. The rally was underpinned by mounting concerns over the US fiscal deficit and ongoing tariff uncertainties, which enhanced the metal’s safe-haven allure. A sharp slide in the US dollar index to 96 — its lowest level in three and a half years — added further momentum. However, bullion's upside remained restrained by robust US labor market data, with June payrolls exceeding expectations at 147,000 and unemployment dipping to 4.1%, bolstering the Fed’s case for a steady rate outlook. On the domestic front, MCX August gold futures climbed above Rs 97000 per 10 grams in intraday moves amid firm global cues. It currently trades up 0.16% at Rs 96940 per 10 grams.
More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.
+91-22-25229720
+91-8657545825
>info@capitalmarket.com

For any Capital Market Website related queries mail to :
webdesk@capitalmarket.com

For Capital Market Magazine subscription queries :
subscription@capitalmarket.com

For Capital Market Online Product related queries :
financeshop@capitalmarket.com

To advertise on Capital Market Websites mail to :
advt@capitalmarket.com

To email Press Releases :
pressrelease@capitalmarket.com

Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages giving any kind of stock recommendations.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +