mcx gold

Gold and silver price prediction today: While MCX Silver is consolidating on the weekly chart, gold is eyeing its next meaningful target of Rs 1.7 lakh, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Gold and silver price prediction today: According to Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group, both gold and silver prices are exhibiting a bullish bias this week.

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 - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Gold prices are expected to remain steady this week, influenced by US-Iran talks and upcoming US economic data. Silver, however, may continue to outperform due to geopolitical tensions and high crude oil prices. Investors await signals on the Federal Reserve's next policy move amidst shifting statements from Washington and Tehran.

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.

Gold price prediction today: For both gold and silver prices, the near-term outlook remains weak, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

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 price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align closer to the international prices, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Gold prices surged on Monday, buoyed by global market optimism stemming from potential US-Iran peace talks. Retail rates in major Indian cities also climbed, with 22K, 24K, and 18K gold seeing gains. Analysts attribute this rise to a weaker US dollar and easing crude oil prices, signaling reduced inflationary fears and supporting precious metal markets.

Rising silver prices are fueling a surge of impure silver bars and coins in India, prompting calls for mandatory BIS hallmarking and licensing for refiners. Industry experts report widespread use of scrap silver containing prohibited elements, with limited quality testing infrastructure exacerbating concerns. Commodity exchanges are preparing to introduce quality-certified silver bars to standardize supply and enhance market trust.

Gold and silver price prediction today: Gold and silver prices may continue to rise, with both precious metals exhibiting a bullish bias, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Gold price prediction today: Gold prices are seeing a weak intra-day bias, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. He recommends a sell on rise strategy:

Gold and silver prices are expected to trade within a narrow band this week, with investors closely watching US-Iran peace talks and key global economic data. Analysts noted that while gold's momentum appears steady, silver shows positive movement. Geopolitical tensions and central bank buying are also influencing precious metal markets.

Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

India has significantly increased import duties on gold and silver to 15% from 6%, aiming to curb rising imports and conserve foreign exchange amid the West Asia crisis. This move follows Prime Minister Modi's appeal for austerity and aims to ease pressure on the rupee and the country's balance of payments.

Gold price prediction today: Gold and silver prices are likely to be range bound this week, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Gold and silver price prediction today: Gold and silver are exhibiting a slightly bearish bias, according to Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

Gold and silver price prediction today: Gold and silver prices are showing sideways-to-bullish momentum, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Gold prices saw a dip in futures trade on Monday, influenced by weaker global cues and subdued spot demand. While futures declined, retail prices across major Indian cities presented a mixed picture, with some experiencing slight increases and others remaining steady. International gold futures also edged lower, reflecting cautious global trading sentiment.

Gold price prediction today: Gold prices continue to be volatile and a buy on dips strategy is recommended for today, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities recommends a buy on dip strategy.

Gold and silver price prediction today: Gold and silver prices may extend gains in the coming days, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.

Gold price prediction today: Gold prices are exhibiting weak signals on an intra-day basis, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities recommends a buy on dip strategy.

Today is Akshaya Tritiya, an auspicious day in the Hindu calendars, believed to bring lasting prosperity and good fortune. Buying gold on this day is considered auspicious. Experts believe that returns on gold over the last few years reinforce its role as a long-term wealth preserver.

Gold and silver price prediction today: Both gold and silver prices are seeing some bullish bias and are likely to see a steady rise in the coming days, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.