On April 2, Trump announced a mutual tariff on more than 180 countries.
After the tariff was implemented by US President Donald Trump on April 2, the price of gold fell 0.41 percent to Rs 89,690 per 10 grams at 10:46 am on the Multi Commodity Exchange (MCX) on Friday morning for the delivery contract of 5 June 2025. Similarly, the price of silver also fell at MCX 1.51 percent and is trading at Rs 92,972 per kg. The US market recorded a huge decline after the tariff announcement.
Gold prices also fall internationally
Gold prices also declined internationally after the announcement of Donald Trump’s implementation of tariffs. The international market saw a sharp decline in gold prices, the spot gold fell 1.5% to $ 3,087.38 an ounce, which is $ 46.92 less than $ 3,134.30. On April 2, Trump announced a mutual tariff on more than 180 countries. It was also announced to impose 10 percent baseline tariffs on all goods imported in the US.
What is the spot in these cities today
In Delhi today, the price of gold is ₹ 9,179 per gram for 24 carat gold, ₹ 8,415 per gram for 22 carat gold and ₹ 6,885 per gram for 18 carat gold. The price of gold in Mumbai is ₹ 9,164 per gram for 24 carat gold, ₹ 8,400 per gram for 22 carat gold and ₹ 6,873 per gram for 18 carat gold. In Kolkata, gold is priced at ₹ 9,164 per gram for 24 carat gold, ₹ 8,400 per gram for 22 carat gold and ₹ 6,873 per gram for 18 carat gold. In Chennai, gold is priced at ₹ 9,164 per gram for 24 carat gold, ₹ 8,400 per gram for 22 carat gold and ₹ 6,920 per for 18 carat gold.
Latest business news
