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Gold Price Today: February 24 Sees Significant Fluctuation; Experts Forecast Future Amid Tariff Uncertainty
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Gold Price Reversal: Experts Predict Future Amid Tariff Uncertainty
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CNBC Awaaz
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24-02-2026, 08:59
Gold Price Reversal: Experts Predict Future Amid Tariff Uncertainty
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Gold prices saw a slight decline on February 24 due to global tariff uncertainty.
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The decline followed the US Supreme Court declaring President Trump's tariffs illegal.
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COMEX gold fell 0.53% to $5,197 per ounce, while MCX 24-carat gold rose 0.03% to Rs 1,59,334 per 10 grams.
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Analysts note increased global trade uncertainty, leading to safe-haven buying in bullion.
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Gold is expected to remain strong, with potential to reach $5,300-$5,400 (Rs 1,63,000-Rs 1,66,000).
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