MCX Gold is holding within a consolidation phase, maintaining its sideways to bullish bias on the weekly chart. (AI image) Gold and silver price prediction today: The base trendline for MCX Gold, and MCX Silver remains bullish according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook MCX…
Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image) Gold price prediction today: Gold prices seem to be seeing some rebound and the outlook remains constructive, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Buy on Dips…
The 151,000 level is the one to keep on the radar heading into the week, it carries added technical significance as both a key support and the recent week’s low. (AI image) Gold and silver price prediction today: MCX Gold is showing a bearish bias and MCX Silver is consolidating this week, according to Abhilash…
This week, markets are closely focused on major US economic data, especially the Core PCE Price Index. (AI image) Gold price prediction today: Given the geopolitical tensions and a possible change in the US Federal Reserve’s stance, gold prices are likely to see limited upside in the near term, says Vedika Narvekar, Research Analyst –…
Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Gold prices rose in futures trade on Monday, tracking gains in global markets amid growing optimism surrounding a possible peace agreement between the United States and Iran. Retail gold rates across major Indian cities also moved higher, with 22K, 24K and 18K prices recording gains compared to the previous day.On the Multi Commodity Exchange (MCX),…
Once called the sone ki chidiya, India clearly never got over its gold fever. For desis, gold is not just a metal, rather it is rainy-day savings, wedding-season flex, family legacy and emotional support, all rolled into one shiny yellow package. Somewhere between these wedding seasons, festival offers and “bas thoda aur le lete hain”,…
Gold price prediction today: Gold prices are unlikely to rise too much unless crude oil prices come down for a longer term duration, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Technically, immediate resistance is placed at ₹1,60,800–1,61,800, which coincides with the upper Bollinger Band and short-term supply zone. (AI image) Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has entered a crucial…
