Gold prices on the Multi Commodity Exchange (MCX) surged past the ₹1 lakh-mark on Friday, driven by robust safe-haven demand following a sharp escalation in geopolitical tensions between Israel and Iran. Renewed conflict in the Middle East, expectations of interest rate cuts, and a risk-off sentiment across financial markets collectively ... Read More
<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxNckpkLUplZENLZ1d3VUw4X2Q3SC1NeGVoT2dmYUlKalVNeTJON0VFWWhvUFM3RVB4RFdIdlZwc3l1YTFXZnpBY0QyVWVLVGM2b2tFS3dVbjhIVU44NVItLVd2Y3BoTmF6QW0zTnczOS1MTGc4S3l5cGtUbW1XSFItM3JXSzAzN093cmYwU2xadEpYbVN2bHhBS3VsNXVvdEdmVllJRXJnQVRLRVBKdUpvV1V3STB5bHVfQ0k2SXVlSGRMOVN6?oc=5" target="_blank">Gold (XAUUSD) Price Forecast: Safe-Haven Demand Surges on Israel-Iran Conflict</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
Amid safe-haven buying due to Israel-Iran tensions and weakness in the dollar index, gold August futures contracts at MCX surged sharply higher by Rs 2,011 or 2.04%, crossing the 1 lakh mark at Rs 1,00,403/10 grams on Friday.The yellow metal’s rally seems unstoppable, but a tone of caution still persists ... Read More
Stage is Set for the Bulls The stage is set for gold to approach the $3,500 price area and the potential for a new record high for gold. Nevertheless, there is also potential resistance at $3,491, which is an initial upside target for a rising ABCD pattern (purple). If current ... Read More
<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxPMjN2bzN6ZmdvOFoxOWFvYlVma3lJWlJubVhTZ1Y3YmlIeF9yZmdCdDVNSGlpdkl1SUI5UFNDVTFFd2VGRzJyTUFpR21jSGlFUVdnbmF1cGxfNXd6OWh5el9Xbm1hT3hXTFNQdExmTU5Fdjd4MmUxX090YkIwOFNHY2dfQTltSDJuMlVCaWNNWXhaeEZxeG5DeW01M2t0UmFYV1BBZzBWNHNYV3hNc3o3XzAzdjUzanRIRG9IUk1B?oc=5" target="_blank">Gold Short-term Outlook: XAU/USD Breaks Out- Bulls Eye Record High</a> <font color="#6f6f6f">FOREX.com</font> Source link ... Read More
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxNamhPUDRVYllBWWRlZkFMSDJvZXNYVzNsTV9NRHBpR1VPYklkLVZQb2lZcTZ3cXllT2Jkc193RXNRUTNiNjRfUUtsX0U2dVFzTm1idnFGZXlXeUtHQlpReFd1RzJUc19ubmJkUWFBYWtPWk5Ra1VLZTEzMmZOT2hXbDBmTEpNb3kyX0k2bVVDSTk1TTR1ZHlpTlA5VEJ2OXlSeEh2RjdFVFdxQQ?oc=5" target="_blank">Gold Price Forecast: Gold Eyes New Highs as Dollar Sinks</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxOY1ZvMmp0NHNXU3dkZFphUXU0REhNUEFvczM2VVBZMjhsZlg0bjlJWG0xbmlKcF9lRzhicXFIYzZ0d3puNFlyaGJBZXJXWFRZaXh4cVUwSWtXLW1JbktDLVI2cll1c21SRVNYcWdqc3NJa00zTHhETEFwWmNPY19Qb1E5S0VuLXVTMXlkb0x3Qmktcjk3T29ZdVBJVmY2MEU3SGVQU1hjbVU3Zw?oc=5" target="_blank">Gold Price Outlook – Gold Rallies After Israeli Airstrike</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
Risk aversion has boosted Gold to fresh monthly highs.A rush for safety after Israel's attack on Iran has triggered a rush for safety on Friday.XAU/USD bulls are focusing on $3440 and the $3495 all-time high. Gold (XAU/USD) appreciates for the third consecutive day on Friday, and is on track for ... Read More
Subscribe To NotificationsScan QR code to install appImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any ... Read More
He noted that the demand for gold is being bolstered by “a blend of risk aversion and a recalibration of monetary policy expectations.” Cooling Inflation Strengthens Fed Cut Bets The Producer Price Index (PPI) rose just 0.1% in May, down from a 0.2% decline in April, signaling persistent disinflationary trends. ... Read More