Archive · 2 Jul 2025
Gold Prices Rise on Tariff Concerns; Silver Flat
Gold prices went up because people are worried about things like trade tariffs.
This is causing them to buy gold as a safe investment.
The price of gold went up by Rs 500 in Delhi.
Silver prices stayed the same.
Experts believe that Trump's tax and spending cut bill also impacted gold prices.
Investors are also watching upcoming U.S. job data to see what the Federal Reserve might do.
Gold prices rose Rs 500 to Rs 99,170 per 10 grams in Delhi.
The increase followed heavy global buying driven by concerns over US tariffs.
Silver prices remained flat at Rs 1,04,800 per kilogram.
Analysts cited safe-haven demand and fiscal implications of Trump's tax and spending cut bill as factors.
Investors await U.S. labor data for clues on the Federal Reserve's next move.
- Who
- Investors and analysts
- What
- Gold prices increased.
- When
- July 2
- Where
- Delhi
- Why
- Due to global buying amid concerns over US tariffs and safe haven demand
- Gold Price (Delhi)
- Rs 99,170 per 10 grams
- Gold Purity (Delhi)
- 99.9%
- Silver Price
- Rs 1,04,800 per kilogram
- Spot Gold (Global)
- $3,342.44 per ounce
- Next Data
- U.S. ADP employment report and non-farm payrolls
