Amid heavy tension between india and pakistan, the price of gold has fallen on the Multi Exchange Commodity (MCX) on Wednesday. Along with this, everyone's eyes will also be on the US Federal Reserve Monetary Policy today. If we talk about the price of gold today on 25 May 2025 i.e. Wednesday, then gold has become cheaper by about Rs 841 i.e. 0.86 percent on MCX. At 9.05 am, gold is trading at Rs 96,900, while it closed at 97,491 a day earlier. On Tuesday, a jump of three percent was seen in the price of gold.
gold became cheaper
silver prices have also come down on MCX. silver slipped by Rs 251 i.e. 0.26 percent and is being sold at the rate of Rs 96,450. It is worth noting that geopolitical tensions have increased significantly since the indian forces carried out Operation Sindoor and destroyed 9 terrorist hideouts of neighboring enemy pakistan and occupied by Pakistan.
gold prices have also been falling in the international market since the news of trade talks between the US and china came out. The price of spud gold has fallen by 1.2 percent to $ 3,388.67 an ounce. It had increased by about 3 percent in the last session. Similarly, the price of US gold futures has also seen a decline of 0.7 percent and it has come down to $ 3,397.70 an ounce.
Eye on Federal Reserve meeting
It is worth noting that investors are waiting today for the US Federal Reserve monetary policy meeting and the comments of Federal Reserve Chairman Jerope Powell regarding inflation and reduction in interest rates. Jigar Trivedi, Senior Research at reliance Securities, says that we expect that the way US officials have given positive signals that they can hold trade talks in Switzerland, the prices of precious gold may fall sharply. He said that this news has come at a time when just a few hours before that President trump had said that he is not in any hurry to sign the trade talks.
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