
Gold Price Today: Declines As Dollar Firms Up, Trade War Risks Recede
16 May 2025, Gold prices slipped on Friday in the domestic futures market, weighed down by a stronger dollar and easing global trade tensions. The MCX Gold June 5 contract was trading 0.41% lower at ₹92,790 per 10 grams at around 9:15 AM.
Globally, gold is on track to post its largest weekly decline in six months, with international prices pressured by profit booking and a softening in geopolitical and trade-related risks.
Federal Reserve Governor Michael Barr noted that inflation in the US is trending toward the 2% target, reducing the urgency for monetary easing. The US Consumer Price Index (CPI) rose by 0.2% in April, marking the smallest annual increase in four years.
Also Read: Crypto Deal Between Trump-Linked Firm & Pakistan Sparks Security Scrutiny
Manoj Kumar Jain (Prithvifinmart Commodity Research):
Trade Idea:
“Buy silver around ₹95,500 with a stop-loss of ₹95,000 and target of ₹96,650,” recommends Jain.
According to Aksha Kamboj, VP of India Bullion and Jewellers Association (IBJA), “The easing of US-China tariff tensions, Ukraine conflict de-escalation, and relative calm in equity markets have softened gold’s momentum. However, the current decline is favorable for long-term Indian investors, especially with the wedding season approaching.”
Despite a 2% drop in domestic spot prices this month, gold remains up over 21% year-to-date, reinforcing its strength as a long-term hedge. Experts suggest maintaining a “buy on dips” strategy given global uncertainties and seasonal demand uptick.
Also Read: Donald Trump Claims India Offered ‘Zero Tariffs’ Trade Deal Amid Ceasefire Diplomacy
Gold price today, MCX gold levels, gold vs dollar, trade war easing, US inflation data, Federal Reserve rate outlook, bullion trends, Aksha Kamboj, Rahul Kalantri, Manoj Jain gold analysis, wedding season gold demand India
As the Single's Inferno Season 5 finale approaches on February 10, 2026, the island has…
trade agreement as a transformative moment for American exporters. While the formal legal text is…
Days after US President Donald Trump claimed that India had agreed to halt its oil…
In a major blow to the ICC Men’s T20 World Cup 2026, Pakistan Prime Minister…
On February 4, 2026, in what is being described as one of the "darkest days"…
The wait is over for the fans of Purvanchal’s most notorious throne. Excel Entertainment has…