Stock Market Highlights: Sensex ends 593 pts higher, Nifty above 23,300 as investors brace for Trump tariffs

Gold price stayed flat at its all-time high level of Rs 94,150 per 10 grams in the national capital on Wednesday amid concerns over imposition of reciprocal tariffs by the US, according to the All India Sarafa Association. On Tuesday, the precious metal of 99.9 per cent purity surged by Rs 2,000, the steepest in nearly two months, to hit a fresh peak of Rs 94,150 per 10 grams.

Traders said gold prices remained flat ahead of the US President Donald Trump’s anticipated announcement of imposing reciprocal tariffs on various countries, including India, which have a trade deficit with America.

However, silver prices declined Rs 1,000 to Rs 1,01,500 per kg from Tuesday’s closing level of Rs 1,02,500 per kg.