Gold Price Today: Rates are rising with the prevailing uncertainty over Trump's rates; Experts emphasize key levels for MCX Gold | Einsmark news

Gold prices climbed into the domestic futures market on Tuesday morning, supported by the prevailing uncertainty over US President Donald Trump’s tariff policy and concerns about an imminent recession in the world’s largest economy. MCX Gold June 5 contracts rose 0.16 percent at £ 93,397 per 10 grams at about 09:10. Golden rates have risen by 5 percent in the domestic location market in April so far. The yellow metal saw a little profit discussion on Monday when the MCX Gold June Futures contract dropped by half a percent, which sat down at £ 93,252 per 10 grams. However, on Tuesday morning, it was fresh buying as concern about the impact of the trade war on global economic growth that investors are interested in the safe haven asset. There is a lot of uncertainty about Trump’s tariff policy, which keeps the stock market and gold prices volatile. After Trump announced a 90 -day break at reciprocal rates, Trump indicated that releases were temporary. Meanwhile, media reports suggest it announce rates on semiconductors’ imports next week. According to Reuters, “Trump said on Sunday that he would announce the tariff rate on imported semiconductors next week, which keeps the market participants about.” More to come …