Sensex: 83,239.47 (0.23%)

Nifty: 25,461.00 (0.22%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Precious Metals Preview: COMEX gold extends upside in early Asia
01-Jul-2025 08:51

Gold extends upside on Tuesday morning in Asia tracking continued weakness in dollar overseas amid reported speculation of Trump electing a new Federal chair later this year. Moreover, the approval of Trump's 'One Big Beautiful Bill' is likely to increase the fiscal deficit by a substantial $3.8 trillion, which could further weaken the greenback and boost the appetite for the precious metal. However, easing geopolitical tensions in the Middle East, along with the likely announcement of trade deals, capped sharp upside in the yellow metal. Currently, the counter is quoting at $3329 an ounce, up 0.64% on the day. Investors now await the US job openings data, the ADP employment report, and the non-farm payrolls report, due this week, for more clues on the Fed's policy path. MCX gold futures are trading around 96k mark.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.