Gold prices fall to $3,120 as geopolitical tensions ease and trade talks progress. Learn why gold is losing value and what to watch for in the market.
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XAU/USD Price Movement in the Short Term [14 May 2025]
XAU/USD Price Forecast: Learn about the short-term price movement of XAU/USD (Gold), Understand why the price might drop, key technical levels, and what to watch for in the gold market.
Gold Rates Today: Gold and silver prices fall again, prices reach a low of $3,210
Gold Rates Today: There is good news for gold and silver lovers. Gold and silver prices fell again today (May 2, 2025). In this sequence, now theprice of 24carat gold has come down by Rs 2,363 per kg. From the level of Rs 93,339. 1 lakh. Let us now know what those details are.
Gold Price Forecast: Yellow Metal slumps below $3,230 amid hope for US-China trade deal
Gold Price Forecast: The Gold price (Yellow Metal) extends the decline to around $3,221 during the early Asian session on Thursday. The precious metal edges lower to near two-week low amid easing US-China trade tensions as traders hope for US-China trade deal after US President Donald Trump’s comments
Gold is likely to remain in demand as a safe haven
“However, as it remains unclear when and in what form an agreement with the Chinese leadership is possible – there have been different statements on this from Trump, US Treasury Secretary Scott Bessent and Beijing – Gold is likely to remain in demand as a safe haven for the time being. In addition, both Fed Governor Christopher Waller and Cleveland Fed President Beth Hammack have fuelled hopes of interest rate cuts with their latest statements.”
Gold records new high at Rs 98K, soaring more than Rs 1,800 in one day
Gold prices rocketed to an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday, gaining Rs 1,800 in a single day. The surge comes amid renewed global interest in safe-haven assets following rising trade tensions between the United States and China.
Overbought gold appears vulnerable to a fall. Here’s what RSI, MACD, other technical indicators suggest
Gold bulls remain in high spirits hitting fresh lifetime highs on a regular basis. On Friday, the MCX gold contracts scaled a peak of Rs 93,588, surging by Rs 1555 or 1.7% taking cues from international prices. Yellow metal prices on the Comex were hovering around $3,237 per troy ounce, up by $59.50 or 1.9%.