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%,

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