The bank added that gold prices have fallen more than $100 per ounce since it lowered its 0–3 month price target from $3,500 to $3,300. Written by: Ignacio Teson • Monday, June 30, 2025 • 1 min read • Last updated: Monday, June 30, 2025 Add an article to your ... Read More
Gold prices rebounded after hitting new monthly lows near $3,240.The US Dollar remained on the back foot on rate cut bets and trade optimism.Investors see the next rate cut by the Fed most likely in September. Spot gold regained some composure at the beginning of the week, bouncing off monthly ... Read More
Gold Technical Analysis The gold market initially fell during trading on Monday, only to turn around and show signs of life again. By doing so, it looks pretty strong, and it is worth noting that the hammer being formed is sitting right here at the 50-day EMA. I have said ... Read More
Gold ticks up on Monday following a nearly 3% sell-off last week.The Precious metal is drawing support from an ailing US Dollar.XAU/USD is on a bearish trend, with resistance at $3,300 and the $3,335-$3,350 area.Gold (XAU/USD) is bouncing higher on Monday, but the broader trend remains bearish, following a nearly ... Read More
Daily US Dollar Index (DXY) Gold gains were supported as the U.S. dollar index hovered near a three-year low, with broad weakness against the yen, euro, and Swiss franc. A softer dollar makes bullion more attractive to non-dollar holders, adding a tailwind for gold prices. Investor focus remains locked on ... Read More
MCX Gold August futures opened flat on Monday at Rs 95,529 per 10 grams, up Rs 59 (0.06%), following a sharp correction driven by easing geopolitical tensions and global market optimism.The yellow metal prices fell to their month-low as easing trade tensions between the US and China also dampened safe-haven ... Read More
According to the CME FedWatch Tool, markets now assign a 74% probability of a rate cut by September, with a second move priced in before the end of the year. ING strategists noted that “Fed communication is increasingly constrained by the data,” adding to speculation that the window for easing ... Read More
Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 9,010.69 Indian Rupees (INR) per gram, up compared with the INR 8,998.38 it cost on Friday. The price for Gold increased to INR 105,098.90 per tola from INR 104,955.30 per tola ... Read More
Gold price prediction: The holiday-shortened week ahead could see subdued volumes, but volatility may persist depending on economic data and geopolitical updates. (AI image) Gold price prediction today: Gold prices have been trading lower as geopolitical tensions ease and demand for safe haven assets falls. However, the downside has been ... Read More
Gold price finds buyers at monthly lows near $3,250 early Monday, as Fedspeak loomsUS Dollar mires in multi-year troughs amid dovish Fed bets, US trade and fiscal concerns.Gold price closed the week below critical support levels, further downside remains on the cards.Gold price is holding the quick rebound from monthly ... Read More