24K & 22K Gold Value In the present day: Gold costs climbed on Friday, monitoring renewed safe-haven demand amid heightened US-Iran tensions and a marginal softening within the US greenback.
Geopolitical uncertainty remained elevated after US-Iran nuclear negotiations had been prolonged with out a breakthrough. Reviews of further US troop deployments and contemporary sanctions concentrating on Iran’s oil and weapons exports additional intensified tensions, lifting demand for treasured metals.
The greenback index edged decrease by 0.04 per cent to 97.76, making dollar-denominated bullion barely extra engaging for abroad consumers. Nonetheless, the modest dip adopted a current rally that had pushed the dollar to four-week highs, limiting sharper good points in gold.
Expectations of near-term US rate of interest cuts additionally moderated amid indicators of resilience within the American financial system.
Individually, the Securities and Change Board of India (SEBI) revised the framework for valuing bodily gold and silver held by exchange-traded funds (ETFs), aiming to align pricing with home market circumstances and enhance transparency. The up to date norms will take impact from April 1, 2026.
An analyst famous that MCX gold futures are consolidating throughout the Rs 1,55,000-Rs 1,65,000 band after retreating from file ranges close to Rs 1,80,000-Rs 1,81,000. He added that the broader uptrend stays intact, with the present range-bound motion signalling consolidation relatively than reversal.
Merchants famous that Gold Rates in India climbed, with Gold costs in Delhi and different key metros reflecting the newest leap.
Gold Rates Throughout Major Cities In India On Feb 27
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