Amid escalating global uncertainties and growing U.S. government debt levels, HSBC has revised its gold price forecasts upwards for both 2025 and 2026, citing a stronger demand for safe-haven assets. The bank now expects the average gold price for 2025 to reach $3,215 per ounce, up from its previous estimate ... Read More
Monthly Archives: July 2025
Gold price consolidates around $3,340 ahead of the US employment data for June.Surprisingly upbeat US JOLTS Job Openings data has supported the US Dollar.Market sentiment remains cautious as Trump’s tariff deadline on July 9 approaches.Gold price (XAU/USD) trades in a tight range around $3,340 during the European trading session on ... Read More
Despite the dollar’s bounce, gold remains underpinned by expectations of monetary easing. Markets are pricing in a 23% chance of a July interest rate cut and a 75% probability of easing by September, according to CME’s FedWatch Tool. Recent remarks from Fed Chair Jerome Powell suggested the central bank might ... Read More
Gold is holding firm around $3,343, maintaining momentum after last week’s clean breakout from a descending channel. Written by: Arslan Butt • Wednesday, July 2, 2025 • 2 min read • Last updated: Wednesday, July 2, 2025 Add an article to your Reading ListRegister now to be able to add ... Read More
Gold prices remained broadly unchanged in United Arab Emirates on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 394.40 United Arab Emirates Dirhams (AED) per gram, broadly stable compared with the AED 394.15 it cost on Tuesday. The price for Gold was broadly steady at ... Read More
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 9,197.35 Indian Rupees (INR) per gram, broadly stable compared with the INR 9,192.28 it cost on Tuesday. The price for Gold was broadly steady at INR 107,276.10 per tola ... Read More
Gold prices remained broadly unchanged in Malaysia on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 452.78 Malaysian Ringgits (MYR) per gram, broadly stable compared with the MYR 452.53 it cost on Tuesday. The price for Gold was broadly steady at MYR 5,281.19 per tola ... Read More
Gold price prediction: Gold witnessed volatile last week ending with corrective moves. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile amidst emerging global economic situations. Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations for ... Read More
Gold price is looking to extend the previous pullback from weekly highs early Wednesday.US Dollar snaps the overnight sell-off but will the rebound last heading into the US ADP jobs data?Gold price reclaims key 50-day SMA barrier but daily RSI struggles at the midline.Gold price has come under renewed selling ... Read More
Silver price loses ground to near $36.10 in Wednesday’s Asian session. US job openings show an unexpected increase in May, rising to 7.76 million.Elevated global uncertainty and geopolitical risks might cap the Silver’s downside. The Silver price (XAG/USD) edges lower to around $36.10 during the Asian trading hours on Wednesday, ... Read More