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Gold edges higher on softer dollar, trade war intensifies

July 10 (Reuters) – Gold prices edged higher on Thursday, helped by a slight retreat in the dollar and bond yields, while investors kept a close tab on trade negotiations as U.S. President Donald Trump broadened his tariff war. Spot gold rose 0.3% to $3,322.46 per ounce by 0157 GMT. U.S. gold futures were up 0.3% at $3,331. Trump launched his global tariff assault into overdrive on Wednesday, announcing a new 50% tariff on U.S. copper imports and a 50% duty on goods from Brazil, both to start on August 1. Trump also issued tariff notices for seven minor trading

Bridge collapse kills 9 in India’s Gujarat state

VADODRA, India, July 9, 2025 (AP) — At least nine people were killed after a bridge over a river collapsed in India’s western Gujarat state on Wednesday, news agency Press Trust of India reported while quoting police officials. Gujarat’s Health Minister Rushikesh Patel said several vehicles were on the bridge when a portion of it collapsed, sending many into the river. He said at least five people were rescued. The incident occurred in Gujarat’s Vadodara district, which has witnessed heavy rains over the past few days. The bridge was constructed in 1985, Patel said. Prime Minister Narendra Modi said the

Gold declines Rs 700 to Rs 98,420/10 g ahead of US Fed’s FOMC minutes

New Delhi, Jul 9 (PTI) Gold prices declined by Rs 700 to Rs 98,420 per 10 grams in the national capital on Wednesday in line with weak global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 99,120 per 10 grams in the previous market session. Gold of 99.5 per cent purity depreciated by Rs 600 to Rs 98,000 per 10 grams (inclusive of all taxes). It had settled at Rs 98,600 per 10 grams on Tuesday. Additionally, silver prices plunged by Rs 800 to Rs 1,04,000 per kg

Rupee rises 6 paise to settle at 85.67 against US dollar

Mumbai, Jul 9 (PTI) The rupee appreciated by 6 paise to close at 85.67 (provisional) against the US dollar on Wednesday following optimism over a possible trade deal with the US and a delay in the imposition of reciprocal tariffs. A firm US dollar in overseas markets and crude oil staying near USD 70 per barrel capped the gains in the local currency, forex dealers said. At the interbank foreign exchange, the rupee opened weak at 85.84 against the US dollar, and traded in a range of 85.93 and 85.65 during the day. The local unit finally closed at 85.65

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