How will markets open today? From gold at new highs to focus on Trump tariff, 7 cues at this hour

The GIFT Nifty implied a lower start. The Asian indices trade in the green tracking overnight gains in the US stock market as they await clarity on Trump’s tariff plans. 

Previously, on Friday, the NSE Nifty 50 closed the session 73 points or 0.31% higher at 23,519, while the BSE Sensex declined 192 points or 0.25% to close at 77,415.

Key global and domestic cues to know on April 01, 2025

Gold rate today

The yellow metal has been shining bright. The rate for 24-carat gold today inched up to its all-time high of Rs 89,330 per 10 grams. The rate of gold has risen by 1.5% in the past one week and jumped by 5.77% in the last one month. The 22 kt gold rate today is Rs 81,886 per 10 grams. The 18-carat gold price today is Rs 66,998.

ALSO READGold price hits a new all-time high. How high can gold go in 2025? Asia Markets

Asia markets traded on a higher note overnight gains in the US markets as investors awaited clarity on U.S. President Donald Trump’s tariff policy. Japan’s Nikkei 225 was trading 0.98% higher at 35,967.50. South Korea’s Kospi was up 1.62% at 2,521. The Shanghai Composite is yet to trade. The Asia Dow was trading 2.04% lower at 3,594.40.

US markets

The Wall Street majorly advanced on Monday as investors awaited clarity on Trump’s tariff plans. The S&P 500 rose 0.55%, closing at 5,611.85. The Nasdaq Composite lost 0.14%, ending the session at 17,299. The Dow Jones Industrial Average added 418 points, or 1%, to close at 42,001.76.

US dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.10% at 104.11 on Tuesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.37% to close at 85.47 to the dollar on March 28. 

ALSO READThree reasons why Havells is Motilal Oswal’s hot pick this summer Crude oil

The crude oil prices declined on Tuesday. WTI crude prices were trading at $71.41 down by 0.10%,

 » Read More

Related Articles

Big relief! No more charges for updating nominee details in PPF accounts

Now, you won’t be charged for updating or modifying details of the nominee in your Public Provident Fund (PPF) account as “necessary changes” are being made to the Government Savings Promotion General Rules 2018. “In the Government Savings Promotion General Rules, 2018, in Schedule II, under ‘Fee to be charged for services,’ the words and

Trump tariffs drive investors to Gold! Here are 3 Gold ETFs to invest in right now

US President Donald Trump’s sweeping reciprocal tariffs have created a stir in the global markets, impacting almost all asset classes. Equities slumped, bonds surged, and gold hit new highs. Investors’ concerns grew, and their direct impact is visible on the prices of gold. Investors scramble towards safe-haven assets like gold in times of uncertainty, and

Can Trump tariff boost India’s textile industry? A look at 3 crucial factors

US President Donald Trump has announced a flat 26 per cent tariff on Indian goods with some exemptions and according to analysts, this comes as a double-edged sword for India’s textile sector. While the increased tariff is likely to impact exports with the US being a major market for Indian textiles, it also gives India’s

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Big relief! No more charges for updating nominee details in PPF accounts

Now, you won’t be charged for updating or modifying details of the nominee in your Public Provident Fund (PPF) account as “necessary changes” are being made to the Government Savings Promotion General Rules 2018. “In the Government Savings Promotion General Rules, 2018, in Schedule II, under ‘Fee to be charged for services,’ the words and

Trump tariffs drive investors to Gold! Here are 3 Gold ETFs to invest in right now

US President Donald Trump’s sweeping reciprocal tariffs have created a stir in the global markets, impacting almost all asset classes. Equities slumped, bonds surged, and gold hit new highs. Investors’ concerns grew, and their direct impact is visible on the prices of gold. Investors scramble towards safe-haven assets like gold in times of uncertainty, and

Can Trump tariff boost India’s textile industry? A look at 3 crucial factors

US President Donald Trump has announced a flat 26 per cent tariff on Indian goods with some exemptions and according to analysts, this comes as a double-edged sword for India’s textile sector. While the increased tariff is likely to impact exports with the US being a major market for Indian textiles, it also gives India’s

Infosys files fresh case against Cognizant; accuses IT firm of abusing ‘power of monopoly’

Infosys has filed fresh charges in a US district court against US-based Cognizant Technology Solutions, a report by The Times of India said. The company has accused Cognizant for leveraging its power of monopoly to restrain the competition and maintain its dominance in the healthcare software market via its platform Cognizant TriZetto Software Group. Infosys

Impact of Trump tariff likely to be limited says Motilal Oswal

The domestic brokerage house Motilal Oswal believes that the US tariff impact will remain minimal on India. India’s exports in the six most vulnerable sectors amount to only 1.1% of India’s GDP. “Overall, we believe that the impact of reciprocal tariffs (assuming full product-level reciprocity) on India will be limited on a national basis,” said