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Record High: COMEX, MCX gold hits new record high; US, Mexico agree to pause new tariff

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Record High

COMEX, MCX gold hits new record high; US, Mexico agree to pause new tariff

This story was originally published at 21:57 IST on February 3, 2025  Back
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Futures contracts of gold hit fresh lifetime highs on the Multi Commodity Exchange of India and COMEX on Monday after Mexican President Claudia Sheinbaum Pardo and US President Donald Trump agreed to delay tariff implementation for a month. This led to a sharp sell-off in the dollar index, which made dollar-denominated precious metals attractive for foreign buyers.

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