Bullion Forecast Today: Gold prices recovered sharply from a six-week low as a worsening energy crisis in Europe drove up safe haven demand. Metal price also witnessed gains, after U.S. data showed moderate wage growth in August and a rise in unemployment rate to 3.7% suggested the labour market was starting to loosen.
Gold Forecast
Gold Price Forecast: Keep Eyes on $1,707 and $1,692
Gold (Yellow Metal) exposed to additional downside risks: “The critical ADP Employment Change report will be published after a two-month break, potentially driving the next leg higher in the buck. An upside surprise in the ADP numbers cannot be ruled out, given the lower estimates at +200K in August. Gold’s next price direction remains south against a backdrop of higher rates and upbeat US data.”
Gold Forecast: Gold prices will fall for Today
Gold Forecast: Gold steadied a bit around $1750 after witnessing a fall in past few sessions. Dollar eased off a 20-year high, offsetting some pressure from expectations of the Fed keeping interest rates higher for longer to combat inflation.
Below $1,744 Downside open For Gold Bear Traders [19-08-2022]
Gold Forecast for Today: “A sustained move below the $1,744 psychological level will be on their radars to aim for the next downside target near the $1,732—$1,724 region.”
![Spot Gold Short-Term Technical Forecast [11 March 2025]](https://www.goldsilverreports.com/wp-content/uploads/2019/01/Gold-bar-5945sdf54@Neal-Bhai-Reports-nbr.jpg)
MCX Gold Trend Forecast: Buy Zone 51550—51350 Levels [16-08-2022]
MCX Gold Trend Forecast and Target By Neal Bhai: Core inflation, which strips out volatile food and energy costs, accelerated 5.9% from a year ago, surprising slightly on the downside but maintaining the same pace as in June.
Gold Trend Sideways: Spot Gold Support at $1727 Resistance at $1812 per Ounce
Spot Gold Trend Sideways: Bullion prices shed weekly gains on Friday after the US reported stronger than expected private payroll numbers. The improved job market report has raised market expectations of aggressive rate hikes and eased worries over recession. The US Nonfarm payrolls rose 528,000 last month, more than double economists’ estimates.
MCX Gold Intrday Forecast Rocking Gold 51750 to 51977 Boom Boom
MCX Gold Intrday Forecast Rocking Gold 51750 to 51977, Boom Boom
MCX Gold Profit 227 Points, 2 Lots Profit Rs. 45400, Paisa wasool Call
Gold Spot Under Buying Zone, Target Price Paid – Neal Bhai
Gold Spot Under Buying Zone – Buy #Gold Spot Target Price 1780——1820 – Neal Bhai (Buy on Dips) Neal Bhai Mobile No. 9899900589 and 9582247600
Aggressive Monetary Policy Continues to Hamper Gold
Gold Forecast, Gold Outlook, Gold price Today: The current macroeconomic landscape is way different now as global central banks reverse prior stimulatory policies in an attempt to calm surging inflation. Higher interest rates reduce gold’s allure as interest bearing investments and other alternatives start to become attractive once more.
Gold testing bearish commitments at Critical Triangle Resistance on the Daily Chart
Bullion Forecast: Gold Price picked up renewed bids on Thursday and stormed through the $1,850 hurdle to hit fresh monthly highs at $1,871, surpassing the previous week’s top of $1,870. In doing so, the yellow metal extended Wednesday’s upturn from ten-day troughs of $1,829.