Gold prices: Gold prices in India saw a tremendous rise in the past. The price of 24 carat gold has crossed Rs 99,700 per 10 grams. That is, gold is now just about Rs 2,000 away from its new all -time high record. The prices of 22 carat and 18 carat gold have also risen. On July 14, gold prices are expected to continue to rise amidst the tension that is flourishing over Trump’s tariff and trade deal. In the early hours of Monday, the spot gold reached close to the level of $ 3,370 an ounce.
Tension regarding trade deal in the market
According to the report by Guditurnus, Jatin Trivedi, Vice President of LKP Securities (Commodity and Currency) Jatin Trivedi, said, the assessment of adverse effects on the trade deal to install tariffs on Brazil and Canada in America has started in the market. The uncertainty created by this has once again changed the perception in the gold side, especially after the recent fall in prices after the tension in the middle East decreased. Gold is getting support at the level of Rs 95,000-95,500, while registration is facing around Rs 99,500.
On July 14, 2025, gold reached 3,364.12 US $ 4 ounces, which is 0.22 % higher than the previous day. According to trading economics, according to trading on the contract for difference (CFD), monitoring the gold benchmark market, the price of gold has declined by 0.59 percent last month, but the price is still 38.87 % more than a year ago.
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