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According to traders, the gold prices primarily jumped due to safe-haven demand after the US hiked tariffs on China escalating the already heated trade war, despite a 90-day pause on tariffs for other countries. The massive jump in bullion prices comes after the bullion prices recently declined due to profit booking. Gold future contract expiring on June 05, 2025 was trading at 93,887 with a moderate gain of 0.15 per cent. Crude Oil future expiring on April 16, 2025 for call option gained 29.57 per cent to trade at 109 per barrel. Known for its unmatched purity, 24-carat gold continues to attract buyers seeking premium quality. Meanwhile, 22-carat gold, prized for its durability and timeless charm, remains a favourite among jewellery enthusiasts and investors alike, striking a balance between elegance and practicality.

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