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In the very short-term, spot gold will move as per the shifts in the December Fed rate cut probability. (AI image) Gold price prediction: Gold prices are likely to be influenced by the buzz around the prospect of the US Federal Reserve cutting rates in the coming reviews, says Praveen Singh, Senior Fundamental Research Analyst-…
A sustained move below ₹1,22,200 may trigger extended selling pressure in the upcoming session. (AI image) Gold price prediction today: Gold prices are showing an intraday weakening bias, and traders should look to sell on rise, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold…
The broader outlook remains constructive, traders should stay vigilant and responsive to global macro developments. (AI image) Gold and silver price prediction today: Gold prices may move towards Rs 1,27,000 levels in the near term, though investors should watch out for a stop loss level of Rs 1,22,000, says says Abhilash Koikkara, Head – Forex…
Expectations remain for Gold to trade in a broad range of $3,880 – 4,150 per oz on a weekly basis. (AI image) Gold price prediction today: Gold prices could trade sideways in the coming days, though the broader upward trend is still in place, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares…
Gold price prediction: Gold prices are expected to trade within a range as investors await global cues and US economic data. Buying on dips is advised, with support levels at $4050/$4000/$3936 and resistance at $4160/$4200/$4260. Silver also presents a dip-buying opportunity, with support at $50/$49.30/$47.50 and resistance at $52.30/$55.
Gold’s intraday technical setup points toward short-term consolidation with a bearish bias. (AI image) Gold price prediction today: Gold prices are showing some bearish bias, and a period of short-term consolidation is likely, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX…
The current price action, combined with improving momentum indicators, signals that MCX Gold is poised for further gains in the near term. (AI image) Gold and silver price prediction today:Gold prices may continue to rally in the coming sessions, maintaining their upward momentum while silver is also expected to gain, says Abhilash Koikkara, Head –…
In the very short-term, gold is expected to test the strong resistance around $4160. (AI image) Gold price prediction: Gold prices are rallying again on the hopes of US Federal Reserve rate cut expectations, and China’s gold buying. However, Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan recommends buying the…
Comments from US and China trade talks will also be a key driver this week. (AI image) Gold price prediction: Gold prices are likely to be influenced by global economic developments this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here is his outlook for gold prices in the…
In global markets, spot gold increased by 0.7% to $4,027.88 per ounce at 0115 GMT. The US gold futures for December delivery registered a 0.7% increase to $4,036.60 per ounce. (AI image) Gold rate today: Gold prices are rallying again with MCX December futures surging by Rs 1,223, a rise of 1% to hit Rs…
