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At Rs 91,000/10gm, gold logs new high

IndiaTimes Friday, 28 March 2025
Gold prices in Mumbai have reached a record high, surpassing Rs 91,000/10gm, driven by global uncertainties and tariff wars. Silver prices have also surged, crossing Rs 1 lakh/kg mark. A report by Goldman Sachs has further boosted gold's outlook with a new target price of $3,300 for 2025.
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Mumbai Mumbai Capital of Maharashtra, India

Railway News: Delhi-Mumbai, Delhi-Howrah route to get upgraded with new high-speed trains, not Vande Bharat, Rajdhani, check details

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Goldman Sachs Goldman Sachs American investment bank

'125% Tariff On China': Trump's Non-Stop Attack After 84% Tariff Retaliation By Beijing | Details [Video]

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China-US Tariff War: President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations. However, economists remain cautious—Goldman Sachs warns of a 45% chance of a U.S. recession. Despite market optimism, analysts suggest the pause may not fully counteract the economic turbulence sparked by the ongoing global trade war. #TrumpTariffs #TradeWar #USChina #RecessionFears #WallStreet #TariffPause #NasdaqRally #S&P500 #GlobalMarkets #Economy2025 #GoldmanSachs #JoeBrusuelas #USPolicy #FinancialMarkets #AsiaMarkets #MarketRally #TrumpSpeech #GlobalTrade #ChinaTariffs #ReciprocalTariffs ~HT.178~ED.346~GR.122~

Credit: Oneindia    Duration: 03:13Published
Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown [Video]

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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%. The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%. Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify. With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase. #Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos Also Read China, US On Collision Course As Trade Spat Fuels Geopolitical Rift; Beijing Vows To ‘Fight To The End’ :: https://www.oneindia.com/international/china-us-on-collision-course-as-trade-spat-fuels-geopolitical-rift-beijing-vows-to-fight-to-the-e-4117775.html?ref=DMDesc Viral Posts Rename Black Monday To ‘Orange Monday’ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc The Trump Fiasco: How A Tariff Blitz Crashed The World Economy, What’s Next? :: https://www.oneindia.com/international/the-trump-fiasco-how-a-tariff-blitz-crashed-the-world-economy-what-s-next-4116797.html?ref=DMDesc

Credit: Oneindia    Duration: 03:04Published

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