08 May, 09:39 - Indian

SENSEX 80732 (-0.02)

Nifty 50 24381.8 (-0.13)

Nifty Bank 54652.15 (0.08)

Nifty IT 36078.1 (0.44)

Nifty Midcap 100 54365.05 (0.14)

Nifty Next 50 64154.55 (0.03)

Nifty Pharma 21388.45 (-0.34)

Nifty Smallcap 100 16539 (0.74)

08 May, 09:39 - Global

NIKKEI 225 36873.75 (0.26)

HANG SENG 22935 (1.07)

S&P 5710.25 (0.82)


Commodity Pre Session News

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

(11 Apr 2025, 09:12)

Precious Metals Preview: COMEX gold pushes to fresh record high


COMEX Gold futures pushed to a fresh record high on Friday morning in Asia as dollar index slipped under 100 mark for the first time in nearly 9 months. Besides, persistent safe haven demand amid escalating US China tariff war helped the counter surge past $3200 mark. President Trump intensified the ongoing trade battle with China by sharply raising tariffs on Chinese goods to 145%, the White House confirmed. In response, China hit back with 84% tariffs and began strengthening ties with Europe and Asia to ease the pressure. The counter currently trades at $3236.00 an ounce, up 1.84% on the day. Meanwhile, data from US showed consumer prices unexpectedly fell in March, but inflation risks are tilted to the upside after US President Donald Trump increased China tariffs. The US CPI inflation eased to 2.4% on year in March from 2.8% in February. Core CPI, which excludes volatile food and energy prices, increased 2.8% on year in March, compared to a rise of 3.1% seen in February.

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 +