Sensex: 83,409.69 (-0.20%)

Nifty: 25,405.30 (-0.19%)

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

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Gold trades sideways as safe-haven demand eases
02-Jul-2025 14:56
Gold futures held within a range of around $20 range as traders weighed a weaker US dollar against fading safe-haven demand. The greenback slipped to a 3.5-year low near 96, pressured by fiscal worries and dovish Fed expectations. However, easing geopolitical tensions, following a proposed 60-day Gaza ceasefire, curbed gold's upward momentum. On MCX, August contracts were flat at Rs 97269 per 10 grams. Despite supportive macro undercurrents, lack of fresh triggers and holiday-thinned trading kept volatility muted. All eyes now turn to Thursday's US payrolls data for direction, with markets seeking clarity on the Fed's next rate stance amid mixed economic signals.

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.