{"id":287950,"date":"2025-04-22T22:43:15","date_gmt":"2025-04-22T22:43:15","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/22\/gold-fever-futures-top-rs-1l-10gm-mark-times-of-india\/"},"modified":"2025-04-22T22:43:15","modified_gmt":"2025-04-22T22:43:15","slug":"gold-fever-futures-top-rs-1l-10gm-mark-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/22\/gold-fever-futures-top-rs-1l-10gm-mark-times-of-india\/","title":{"rendered":"Gold fever: Futures top Rs 1L\/10gm mark &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/static.toiimg.com\/thumb\/imgsize-23456,msid-120530478,width-600,resizemode-4\/-.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Gold fever: Futures top Rs 1L\/10gm mark &#8211; Times of India\" title=\"Gold fever: Futures top Rs 1L\/10gm mark &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div>MUMBAI: Rallying for the fourth consecutive session, <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/gold-futures\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">gold futures<\/a> contracts expiring in August, October, and December on the Multi Commodity Exchange (<a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/mcx\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">MCX<\/a>) topped the Rs 1 lakh\/10gram mark on Tuesday. <!-- -->In spot markets around the country, the precious metal was trading just under that mark.<br \/>The upsurge in the yellow metal&#8217;s rate came after its price in international markets crossed the psychologically important $3,500\/ounce mark early in the day. <br \/>The rally was fuelled by a combination of factors, including growing fears about a showdown between US President Donald Trump and US Federal Reserve chairman Jerome Powell, global trade uncertainties, a weakening dollar, and central banks&#8217; purchase of gold.<\/p>\n<div data-pos=\"0\" class=\"id-r-component QbQNS undefined  &#10;        \">\n<div><\/div>\n<\/div>\n<p>&#8220;The rally in <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/gold-prices\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">gold prices<\/a> continues to be fuelled by the US Federal Reserve&#8217;s reluctance to cut interest rates immediately, despite growing pressure from Trump, who has been vocal about rate cuts,&#8221; said Jateen Trivedi of LKP Securities.<br \/> &#8220;This divergence has further enhanced gold&#8217;s appeal as a safe haven, pushing prices to fresh lifetime highs in both Comex and MCX.&#8221; However, with prices at record levels, intraday volatility is likely to persist, Trivedi cautioned.<br \/>According to Satish Dondapati of Kotak Mahindra MF, another reason for the recent rise in gold prices is the weakening <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/us-dollar\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">US dollar<\/a> and escalating global trade concerns. <br \/>Since globally gold is priced in dollars, a weak greenback means investors in other major currencies could buy the yellow metal cheaper. <br \/>Given gold&#8217;s haven character, global uncertainties-economic and geopolitical-help prices move north.<br \/>So far in 2025, the price of the yellow metal in the international market is up nearly 32%, while in the Indian market, the rise has been slightly lower, at 30%. <br \/>This is because of the appreciation of the rupee against the dollar this year.<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 'paid' : 'free' ;\n                    w._sva.setVisitorTraits({\n                    toi_user_subscription_status : prime_user_status\n                        });\n                }\n         if (w._sva && w._sva.setVisitorTraits) {\n                    setAttributes();\n                } else {\n                    w.addEventListener(\"SurvicateReady\", setAttributes);\n          }\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      var isPrimeUserLayout = window.isPrimeUserLayout;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n          var JarvisUrl=\"https:\/\/jarvis.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n          window.getFromClient(JarvisUrl, function(config){\n            if (config) {\n              const allowedSectionSuricate = (isPrimeUserLayout) ? config?.allowedSurvicatePrimeSections : config?.allowedSurvicateSections\n              loadGtagEvents(config?.isGoogleCampaignActive);\n              loadFBEvents(config?.isFBCampaignActive);\n              loadSurvicateJs(allowedSectionSuricate);\n            }\n          })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/gold-fever-futures-top-rs-1l\/10gm-mark\/articleshow\/120530474.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Rallying for the fourth consecutive session, gold futures contracts expiring in August, October, and December on the Multi Commodity Exchange (MCX) topped the Rs 1 lakh\/10gram mark on Tuesday. In spot markets around the country, the precious metal was trading just under that mark.The upsurge in the yellow metal&#8217;s rate came after its price [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":287951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/imgsize-23456,msid-120530478,width-600,resizemode-4\/-.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[220138,18117,11632,2336,23856,224001,20982,273,224000,73,23142,129707,272,1846,5672],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/287950"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=287950"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/287950\/revisions"}],"predecessor-version":[{"id":287952,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/287950\/revisions\/287952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/287951"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=287950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=287950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=287950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}