Indian stock markets continued their losing streak for the fourth consecutive session on Monday, February 10, as concerns over global trade weighed on investor sentiment. The BSE Sensex closed at 77,311.80, slipping 548.39 points or 0.70%, while the Nifty 50 tumbled 178.35 points or 0.76 to settle at 23,381.60.
The sharp decline came in the wake of escalating trade tensions, with US President Donald Trump announcing fresh tariffs set to take effect early this week.
Gold prices today
Gold prices soared to new highs, driven by global economic concerns. Gold rate today for 24 carat gold price reached Rs 8,537 per gram, while 22 carat gold rate today stood at Rs 8,332 per gram, according to the India Bullion and Jewellers Association.
On the MCX, gold price today for April futures hit Rs 85,384 per 10 grams before settling at Rs 85,325. Internationally, spot gold surged to a record $2,886.62 per ounce last week.
The surge in the cost of gold today is linked to heightened economic uncertainty following US President Donald Trump’s latest tariff policies.
This is a developing story, more details are being added. Please watch the space for updates
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