MCX Gold June 5 contract jumped over a per cent to hit a fresh high of ₹91,464 per 10 grams. Around 6:05 PM, the same contract was 1.60 per cent up at ₹91,236 per 10 grams. International gold prices also rose on trade war uncertainty.

Gold prices trimmed losses on Thursday after falling over 2% from an all-time high, as a wider market selloff triggered by U.S. President Donald Trump's import tariffs infected bullion traders.

The supply-demand picture doesn't look supportive for gold to keep rallying over the next few years. The metal has hit a record high in 2025.

Copper and gold prices rose to records and silver was also surging ahead of President Trump's tariff announcement this week. Once the import taxes were outlined, however, metals prices wound up with some of their worst losses in years.

The remarkable price run gold has experienced over the last year, approximately, has cooled a bit in recent days. Priced at $3,123.44 per ounce at the end of March, the precious metal has since dropped to $3,030.90 per ounce as of April 7. That's almost a 3% decline in almost a week.

Markets around the world continue to sink on fears about President Donald Trump's protectionist trade policies, and investors keep plowing money into gold, with futures hitting another record high.

Uncertainty surrounding U.S. President Trump's tariffs added extra heat to the momentum of gold's rise, as well as strong demand from central banks.

Gold prices eased on Tuesday on profit-taking but remained near record highs as investors turned to the safe-haven asset ahead of President Donald Trump's planned announcement of sweeping tariffs on countries that have a trade imbalance with the U.

The price of gold, which has been rising for well over two years, has hit yet another record high price – the 17th time so far this year that the precious

Gold advanced to a record high of more than $3,100 an ounce on Monday, capping off a blockbuster quarter of gains.