08 Aug, EOD - Indian

Nifty 50 24363.3 (-0.95)

Nifty Midcap 100 56002.2 (-1.64)

Nifty Pharma 21402.15 (-1.30)

Nifty IT 34398.5 (-0.95)

SENSEX 79857.79 (-0.95)

Nifty Next 50 65514.7 (-1.24)

Nifty Smallcap 100 17428.2 (-1.49)

Nifty Bank 55004.9 (-0.93)

08 Aug, EOD - Global

NIKKEI 225 41820.48 (1.85)

HANG SENG 24858.82 (-0.89)

S&P 6425.5 (0.74)


Commodity News

You are Here : Home > News > Commodity News >

(28 Apr 2025, 08:51)

Precious Metals Preview: COMEX gold extends pullback in early Asia


COMEX gold is seen extending pullback in early Asia on Monday as dollar stays on recovery mode amid a possible de-escalation of trade tensions between US and China. The yellow metal gave up recent streak of gains that led the commodity to hit fresh lifetime highs above $3500 mark and is seen retreating from thereon. Nevertheless, IMF report last week suggested that Trump policies could push US and the global economy into recession which may keep sentiments for the safe haven metal supported. Currently, the counter is quoting at around $3300 an ounce whereas dollar index is holding above 99 mark. Preliminary reading of US GDP for the first quarter is due later on Wednesday while on Friday, the attention will shift to the US April employment report, including Nonfarm Payrolls (NFP), Unemployment Rate and Average Hourly Earnings. MCX gold continues to stay supported above Rs 95k per 10 grams.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

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 +