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Precious Metals Preview: COMEX gold extends slide near one-week low

07-Jul-25 09:12 Hrs IST

COMEX Gold extended slide on Monday morning in Asia to a one-week low amid easing safe haven demand as U.S. President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries. Trump announced in April a 10% base tariff on most countries, with additional duties of up to 50%. He later postponed the effective date for all but 10% of those tariffs until July 9. The new date grants a three-week reprieve to most affected nations. However, the yellow metal was weighed down by the US June Nonfarm Payrolls (NFP) report that indicated continued labor market resilience, reducing the possibility of the Fed's near-term monetary accommodation. Currently, the counter is quoting lower by 0.84% at $3321.40 an ounce.

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20	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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21	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
22	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
23	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
24	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
25	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
26	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed