Gold price prediction: What’s the gold rate outlook for July 21, 2025 week – should you buy or promote?

Kaumi GazetteBusiness21 July, 20258.2K Views

Gold price prediction: This week’s key triggers embrace US sturdy items orders, manufacturing and providers PMIs, China’s mortgage prime rate determination, and Fed Chair Powell’s speech. (AI picture)

Gold price prediction right now: Gold costs are anticipated to stay regular as world financial occasions proceed to form the yellow steel’s price outlook. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial providers Ltd shares his outlook on gold costs and technique for gold traders:Silver took centre stage final week, outshining most commodities by hitting an all-time excessive of ₹1,15,000 domestically and marking its highest COMEX stage since 2012 close to $40, earlier than going through some revenue reserving. The rally was pushed by sturdy industrial demand, supportive ETP flows, and a catch-up transfer relative to gold. Meanwhile, gold traded regular, supported by secure-haven flows after US President Trump threatened a 30% tariff on EU and Mexico imports from August 1. The EU responded by extending its suspension of countermeasures in hopes of a negotiated settlement. Tensions cooled considerably as Trump later signalled openness to additional talks. Market consideration additionally turned to US inflation, which rose the most in 5 months in June, hinting that tariffs could also be seeping into costs. Despite this, producer costs softened and industrial manufacturing confirmed modest restoration. Comments from Fed officers signaled a cautious stance, with expectations of rate cuts by 12 months-finish nonetheless intact.Brief uncertainty additionally rose as hearsay rose that US President Donald Trump may provoke the technique of firing Governor Powell, however rapidly denied the identical. Amid these developments, India’s gold imports in June fell to a two-12 months low as excessive costs dented demand. It can be essential to verify how the negotiations between the US and different nations go, esp. China, EU, India, Russia and different main buying and selling nations.This week’s key triggers embrace US sturdy items orders, manufacturing and providers PMIs, China’s mortgage prime rate determination, and Fed Chair Powell’s speech—all of which may present readability on the Fed’s subsequent steps and affect valuable metals momentum. Recovery in China is boosting the total optimism in the market, nevertheless now it will likely be essential to see together with financial numbers whether or not they loosen their coverage additional or go away it as it’s. Lastly, it will likely be essential to see whether or not Governor Powell’s speech exhibits President Trump’s current risk or does he keep placed on his “wait-and-watch” stance. Any signal of stress may help bullion from decrease ranges.

Gold Price Outlook:

Stance: Sideways to Higher – Rs 96,000 to 99,500(Disclaimer: Recommendations and views on the inventory market and different asset courses given by consultants are their very own. These opinions don’t signify the views of The Times of India)

Loading Next Post...
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...