The post Gold price in India: Rates on April 25 appeared on BitcoinEthereumNews.com.

Gold prices fell in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,103.13 Indian Rupees (INR) per gram, down compared with the INR 9,178.61 it cost on Thursday. The price for Gold decreased to INR 106,177.10 per tola from INR 107,057.50 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,103.13 10 Grams 91,031.05 Tola 106,177.10 Troy Ounce 283,145.60   Daily Digest Market Movers: Gold price traders refrain from placing aggressive directional bets amid mixed cues Investors remain hopeful over the potential de-escalation of the US-China trade war, which acts as a headwind for the safe-haven Gold price during the Asian session on Friday. In fact, US President Donald Trump said on Thursday that trade talks between the US and China are underway. This comes after China’s Foreign Ministry spokesperson Guo Jiakun told reporters that China and the US have not conducted consultations or negotiations on tariffs, and called reports of such information false news. This underscores the uncertainty over the ongoing trade war. The US Dollar draws some support from mostly upbeat US macro data released on Thursday. In fact, the US Department of Labor reported that Initial Jobless Claims increased modestly to 222,000 for the week ending 19 April and pointed to continued labor market resilience. The US Census Bureau reported that Durable Goods Orders surged 9.2% in March, beating the 2% forecast and marking a third consecutive rise. Transportation equipment also rose for a third month, surging 27%. Meanwhile, a duo of Federal Reserve officials discussed the willingness for potential interest rate cuts soon. In fact, Cleveland Fed President Beth Hammack stated that a rate cut as soon as June could be possible if clear and convincing data on economic direction is obtained. Separately, Fed Governor…

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Filed under: News - @ April 25, 2025 5:20 am