Archive · 3 Oct 2025
Metal Stocks and Gold Steady Amid EU Tariffs and Rate Cut Hopes
Metal stocks in India are doing well due to different factors.
The European Union plans to increase taxes on steel imports.
Additionally, there are expectations that the US will lower interest rates, which can boost investments.
Gold and silver are viewed as safe investments that can protect against market uncertainty, and prices are holding steady.
Gold is up significantly over the past 20 years, and silver has also provided gains.
Metal stocks, including NALCO and Tata Steel, saw gains.
The Nifty Metal index hit a record high.
The EU is preparing to increase steel import tariffs.
Gold prices remained steady amid global market volatility.
Silver prices remained above Rs 1 lakh/kg.
- Who
- Investors, EU
- What
- Metal stocks rising, gold prices steady
- When
- October 3rd, ongoing
- Where
- India, global markets
- Why
- US rate cut expectations, EU steel tariffs, safe haven demand
- Event
- Metal stock rally and gold prices remain stable
- Gold MCX
- Rs 1,16,960
- Spot Gold
- $3,851.99 per ounce
- Silver Price in Mumbai
- Rs 1,43,050/kg
- EU Steel Tariffs
- Preparation to increase to 50%
Sources
EU to double steel import tariffs to 50% in bid to match US and curb China oversupply: Report
EU to double steel import tariffs to 50% in bid to match US and curb China oversupply: Report
EU to propose doubling tariff rate on steel imports to 50%
Gold and Silver Prices Today, October 3: Check Rates in Mumbai, Bengaluru, Chennai, Hyderabad, Delhi, Kolkata
