Today’s gold price: Due to increasing demand on the spot market and uncertainty surrounding the US-India trade deal,gold prices surged in the domestic futures market on Thursday.MCX Gold August contracts were up 0.06% at ₹97,452 per 10 kilos.
Today’s gold price: Due to increased demand from spot markets and ongoing uncertainty around the US-India trade agreement, gold prices slightly increased in the domestic futures market on Thursday morning. Gains for the yellow metal were, however, limited due to caution ahead of US payroll data.
Around 9:05 AM,MCX Gold August 5 contracts were up 0.06 percent at ₹97,452 per 10 grams.
There is still uncertainty regarding the precise nature of the trade agreement between the US and India,even though US President Donald Trump declared on July 1 (local time) that a deal with lower tariffs would be finalized shortly.
As the July 9 deadline draws near,both nations are still actively negotiating,but media sources indicate that tensions over US dairy and agricultural exports continue to be a major obstacle.
Investors are concentrating on the official jobs data,which is due on Thursday—a day earlier than usual because of the July 4th holiday—in addition to trade talks.
The Fed might be compelled to reconsider its policy position if the labor market keeps exhibiting slowing indicators.
Chris Zaccarelli, Chief Investment Officer of Northlight Asset Management, stated, “The job market was holding up so well that the Fed was able to be patient before cutting rates.If that were to change,the Fed may be forced to move earlier than they would like.”
Disclaimer: The sole intention of this story is education. The opinions and suggestions expressed above are not those of bharatbulletin24x7.com,but rather those of individual analysts or broking firms. Since situations can change and market conditions can change quickly,we suggest clients to consult with qualified specialists before making any investment decisions.
1 thought on “what is gold price today 24 carat : July 3, 2025”
1 thought on “what is gold price today 24 carat : July 3, 2025”