As worries about a global trade war grew, U.S. President Donald Trump’s intentions to put reciprocal tariffs on all nations that tax U.S. imports kept gold prices rising for a seventh consecutive week.
Gold prices rebound back to highs after Inflation report
Before the US inflation report was released, gold prices dropped $80, but prices swiftly recovered. Gold prices have sustained above $2935 resistance today, so it will likely maintain its upward momentum of $3000 (~Rs 87500) in a few days.
Gold retraces ahead of key US Inflation report
As investors awaited a significant U.S. inflation report, Federal Reserve Chair Jerome Powell’s hawkish remark solidified thoughts of slower rate cuts this year, causing gold prices to decline yesterday after hitting an all-time high the previous session.
Is it good time to buy Silver now?
Is now the right time to buy silver? ⚖️ Dr. Renisha Chainani shares expert insights on market trends and future potential. Watch now before making your move!
What is the maximum upside and downside expected in Gold?
What’s the maximum upside and downside for gold? 📊 Dr. Renisha Chainani analyzes key market factors and price projections. Watch now for expert insights!
What will be the range for Gold prices for the next 6 months?
What’s the expected range for gold prices in the next 6 months? 📊 Dr. Renisha Chainani shares her expert analysis on key trends and market projections. Watch now!
Will Gold touch $3000 this month?
Can gold hit $3000 this month? 📈 Dr. Renisha Chainani breaks down market trends and key factors that could drive prices higher. Watch now for expert insights!
Are central banks and hedge funds going to sell gold at high prices?
Will central banks and hedge funds sell gold at high prices? 💰 Dr. Renisha Chainani analyzes their strategies and what it means for the market. Watch now for expert insights!
How long will the Gold rally continue?
How long can gold’s rally last? 📈 Dr. Renisha Chainani analyzes the key drivers and what could sustain or slow down this surge. Watch now for expert insights!
$3000 is knocking on the door for Gold
Gold prices surged to a record high of $2968 (~Rs 86300) as investors flocked to the safe-haven asset after he imposed new 25% tariffs on steel and aluminium imports, inflaming inflation and a potential trade war.