MCX Gold is currently facing a strong resistance (hurdle) at the ₹1,02,100 level. This price point is acting as a crucial hurdle, and a breakout above it could signal further bullish momentum.
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![MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]](https://www.goldsilverreports.com/wp-content/uploads/2020/03/gold-052904-gsr.jpg)
MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]
MCX Gold Target Price 98,500——99100 Very Very Soon, Buy on Dips. Gold price remains within a striking distance of fresh record highs above $3,400 at the start of a new week
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%.
Gold price finds demand as US Dollar faces the heat
Gold price is consolidating the rebound from three-week lows of $2,832 early Monday, bracing for an eventful week amid looming US tariffs and the Ukraine truce deal.
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.