Gold prices have trended downward since the start of the week, currently hovering around $3,385 per troy ounce. This report aims to explore the fundamental factors influencing the precious metal’s price movements and conclude with a technical analysis of gold’s daily chart.
Citi Forecasts Downturn in Gold Futures
According to Citi Research, gold prices might have peaked, with a projected decline in the third quarter of 2025. The firm anticipates gold will likely stabilize between $3,100 and $3,500 per troy ounce in Q3, followed by a further drop through the end of 2025 into 2026.
Gold, Silver Rates Today: Slow start for gold, silver on MCX | Check city-wise rates on June 17, 2025
Gold, Silver Rates Today (Tuesday): In the international market, the COMEX gold price was trading at around $3,411 per troy ounce. The spot gold price at 01:15 pm was around $3,392.56 per ounce.
Pharma stock jumps after receiving approval to raise ₹4,500 Cr via QIP
During Tuesday’s trading session, shares of a global biopharmaceutical company engaged in the manufacturing of biotechnology products and research services are in focus, after the company launched a Qualified Institutions Placement (QIP) to raise up to Rs. 4,500 crores.
Tata Motors shares slip even as US-UK trade deal brings respite to JLR; Buy, sell or hold?
Tata Motors share price (NSE: TATAMOTORS): Before the tariffs were imposed, the US levied a 2.5 percent import duty on passenger vehicles. While the new 10 percent rate is lower than the retaliatory tariffs, it still remains higher than the original standard rate.
Upcoming dividend stock: Bajaj Auto, & 24 others to go ex-date next week
Upcoming dividend stock: Bajaj Auto leads the list with a final dividend of ₹210 per share, with the record date set for Friday, June 20, 2025.
Bajaj Finance shares didn’t crash 90%! Here’s what a stock split and bonus really mean
Bajaj Finance shareholders saw a temporary 90% drop in holding value as the stock turned ex-split and ex-bonus. The company issued bonus shares in a 4:1 ratio and also executed a 1:2 stock split, turning every 1 original share into 10. The corporate actions will be completed by June 27, after which updated holdings will reflect in demat accounts.