Gold Critical Support is $1,888

India gold demand

Gold Forecast and Reports: Gold trades around $1,925 still unable to attract investors as per trading in quite a limited intraday range. Yellow Metal has been flat for over a week, with daily candles showing little to no bodies, as the risk-averse environment boosts demand for both safe-haven assets.

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Gold Price Outlook: Fed Minutes Eyed For a Fresh Direction [05-04-2022]

Gold Price Report

Gold Price Outlook: “Attention now turns towards the US ISM and S&P Global Services PMIs, the UN Security Council meeting on Ukraine and the inverted Treasury yields curve for fresh impetus on gold price action. The Fed minutes, however, will be the key event risk, which will provide fresh insights on whether the world’s most powerful central bank will deliver a series of aggressive rate hikes to quell raging inflation.”

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Gold Price Forecast: Sell Gold as Long as Gold is Below $2,000

Why to Buy Gold

Gold Price Forecast: Gold price is looking to extend Friday’s downbeat momentum, starting off a big week on the wrong footing. The strength in the US dollar alongside the Treasury yields on expectations that the US Fed will hike the key rates by 25 basis points this week weigh negatively on the non-interest-bearing gold.

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