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Lemon Tree launches its first property in Jharkhand Waaree Renewable gains on bagging solar project HDFC Life Q1 PAT climbs 15% YoY to Rs 478 cr HDFC AMC hits record high after Q1 PAT rises 26% YoY to Rs 604 cr in FY25 Shipping Corporation of India Ltd leads losers in 'A' group Bank of Maharashtra rallies after Q1 PAT climbs 46% YoY to Rs 1,293 cr in FY25 Mishtann Foods drops after Q1 PAT grows 3.4% YoY Sheetal Cool Products Ltd leads losers in 'B' group Volumes spurt at Godfrey Phillips India Ltd counter MTNL hits 52-week high on appointing Ravi A Robert as the CMD Industrials shares fall Capital Goods stocks edge lower United Breweries Ltd down for fifth straight session Varun Beverages gains after signing exclusive agreement with PepsiCo for Zimbabwe, Zambia Network 18 Media & Investments Ltd spurts 4.03%, gains for third straight session

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Gold Falls Below $2410 as Dollar Strengthens Post-Trump Attack

15-Jul-24 14:11 Hrs IST

Gold futures slipped below $2,410 an ounce in Asian electronic trades today, driven lower by a stronger dollar as markets reacted to the assassination attempt on former US President Donald Trump. Despite fears of increased political instability, analysts suggest the attack might boost Trump's election prospects. The dollar edged up to 104 today, rebounding from its lowest level since June at 103.73 on Friday. Last week, gold marked its third consecutive weekly gain, supported by cooling US inflation, which reinforced expectations of Federal Reserve interest rate cuts. Investors are now keenly awaiting Fed Chair Jerome Powell's remarks and upcoming US economic data for further direction. On the domestic front, MCX August delivery bullion futures were down Rs 127, trading at Rs 73,142 per 10 grams.

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