Gold Value Right this moment: Gold costs hit back-to-back document highs on the multi-commodity alternate (MCX) pushed by elevated tariff uncertainty after the most recent US inflation knowledge didn’t ease world commerce battle issues. Nonetheless, the cooling inflation print raised the US Federal Reserve’s rate of interest minimize bets, and the easing of the financial coverage stored the bullion’s attraction stronger than earlier than.
Spot gold was up 1.3 per cent to $2,969.53 an oz, as of 10:51 ET (1451 GMT). US gold futures climbed 1.2 per cent to $2,982.50.
