![Gold crucial update [30-04-2025]](https://www.goldsilverreports.com/wp-content/uploads/2025/04/XAUUSD_2025-04-30_17-05-28_10057.webp)
Gold crucial update By Neal Bhai (30-04-2025) – Gold (XAU/USD) under Selling Zone. But Remember any Big Panic Buy For Target $3500——$3700.
Gold Correction
Gold price looks to high-impact US data flow
The first look of the US annualised GDP is expected to show a 0.4% growth in Q1 2025, down from a robust 2.4% expansion in the final quarter of 2024. Goldman Sachs economists expect a negative 0.2% growth.
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.”
Trump confirmed that he will not remove Fed Chairman Powell. Due to which gold fell
Gold prices drop as Wednesday’s Asian session begins, which is sponsored by Trump’s comments that he is not looking to fire Fed Chair Jerome Powell. At the time of writing, Yellow Metal plunges over 1% and trades at $3,291.
Silver Forecast for 2023 by Neal Bhai [02-January-2023] (HINDI)
Silver Forecast for 2023: 2023 के लिए चांदी के पूर्वानुमान के लिए, मेरा मानना है कि अगला साल चांदी और सोने के लिए 2022 से बेहतर होगा। तर्क सरल है। पिछले साल, फेड के कड़े चक्र ने चांदी की कीमतों पर मजबूत गिरावट का दबाव बनाया। लेकिन धातु मामूली लाभ के साथ वर्ष का अंत करने में कामयाब रही।
Goldman’s a Raging Bull on Commodities as Turmoil Aids View
Gold price today are getting influenced by global economic uncertainties, geo-politics, financial unrest, US government credit rating downgrade, increased recession risk, and US-China trade war.
India to Slap 12.5% Countervailing Duty on Imports; Gold Jewellery
Gold Silver Reports ~ India is, apparently, on a spree of imposing import duty on various commodities from steel to other metals and as reports suggest the trend may get extended to gold imports.