By Admin 
Gold pris today: Gold prices declined during domestic futures market on Friday, April 4 amidst the dollar index fluctuations and weak demand in the spot market. The gold price of gold on the multi-commodity exchange (MCX) on the multi-commodity exchange (MCX) was trading at Rs 89,524 per 10 grams with a fall of 0.59 per cent at Rs 89,524 per 10 grams around 9:40 am.
Gold prices fell at international level
Gold prices have declined internationally after US President Donald Trump imposed reciperook tariffs on many countries of the world. On April 2, 2025, along with imposing retaliation on more than 180 countries, Trump has also imposed a baseline tariff of 10 percent on all the goods imported into the US, which is imposed on goods imported from other countries under the general rules of business. At the same time, reciperochl tariff is retaliated on tariffs of other countries.
Gold reached a week’s low
After Trump’s announcements to install tariffs have promoted heavy selling in equity and safe investment gold in uncertain atmosphere. Due to this, gold prices reached their lowest level in a week, while silver reached a five -week low. The US stock market, dollar index and 10 -year bond yields also saw a huge decline. The Vice President of the Commodities of Mehta Equality, Rahul Kalnist, while talking to The Mint on this, said, “Even though Trump has kept many of the undoubtedly out of the new tariff, the sentiment of the people in the financial market around the world. This has increased the pressure on gold. ”
How much did gold support and resistance?
The artist further said, “Gold is getting support at $ 3,072-3,040 and resistance at $ 3,112-3,135. At the same time, gold is getting support at Rs 89,960-89,350 in Indian currency rupees and resistance at Rs 90,710-90,990.
Explain that support is the price level on which the price stops falling because the demand for buyers increases. At the same time, resistance is the level on which prices stop rising and then turn down again because the number of sellers becomes more. Manoj Kumar Jain of Prithvifinmart Commodity Research hopes that gold and silver prices will continue to fluctuate this week due to the fluctuations in the dollar index and global trade war.
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