Gold rate today: Gold prices climb as Donald Trump imposes 50% tariff on India; safe haven assets in focus
Thursday, 7 August 2025 () Gold rate today: Gold prices rose on Thursday as investors sought safe-haven assets amid escalating trade tensions between the US and India, triggered by increased tariffs imposed by President Trump. The dollar's weakness, following disappointing US jobs data, further bolstered gold's appeal, with expectations rising for a potential interest rate cut by the Federal Reserve in September.
A fiery confrontation reportedly erupted between Donald Trump and Benjamin Netanyahu during a call on July 28, with Trump shouting at the Israeli PM over Gaza starvation. Trump rejected Netanyahu’s claims that Hamas fabricated reports of hunger, stating bluntly: “You can’t fake that.” NBC...
In a historic development, U.S. President Donald Trump and Russian President Vladimir Putin will meet in Alaska on August 15 to discuss ending the Ukraine war. The Kremlin calls the summit..
As Trump imposes sweeping tariffs on India and China, leaders Modi, Xi, and Putin are coordinating a strategic response. Modi and Putin held a phone call to review bilateral ties, with Trump accusing..
President Trump put a whopping 39% tariff on gold from Switzerland. Is it really about a trade imbalance? Or is there more to such a drastic tax? Also this week, the President took steps to allow..
Thursday, 7 August 2025 ()
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