Gold Price Today: Yellow Metal Jumps Nearly 2% as Geopolitical, Trade Warries Spark Safe-Haven Demand

Gold price today: Gold Pries on India’s Multi Commodity Exchange (MCX) Jumped Nearly 2 per cent on Monday, 2 June 2025, as Investors Moved Moved Back to Safe-Haveen Assets Due to Heighetened GEOPOLITICAL TENSSTESS Trade war worms.

Gold Futures of the 5 June 2025 Contract Jumped 1.7 per cent or 1,630 per 10 grams to hit an intraday high of 97,505 per 10 grams on monday’s Commodity Market Session, Compared to 95,875 per 10 grams in the previous market close last week.

Investors tend to pull out their money from High-Risk Investments Like the Equity Markets in Case of Geopolitical Uncertaintiies in the Global Market. Safe-han assets like gold and government treesuries are the focus of global market investors.

Gold shines

Deveya Gaglani, a Senior Research Analyst of Commodities at Axis Securities, Attributed the Rise of the Precious Yellow Metal Gold to the Intensifying Geopolitical Tensions Between Russia and Ukraine after Drone Attack on Sunday, 1 June 2025.

“The better-to-exposed consumer data print from the USA and a Mild Recovery in the Dollar Index LED to Selling in the Counter. Durn the weekend, geopolitical tension intensified russia and ukraine after us Russian Warplanes was damaged due to a Ukrainian Drone Attack.

(This is a development story. Please check back for updates.)

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