Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3319 in Wednesday’s North American session. The precious metal remains an attractive investment amid heightening global trade tensions. The intensifying trade war between the United States (US) and China has forced financial market participants to stay on the safe-haven fleet, assuming that the tussle for dominance between them is painful for the global economy
Spot Gold
Gold holds ground amid strong central bank demand, Fed rate cut prospects
Gold prices held steady on Monday, bolstered by strong central bank demand and the potential for an early U.S. Federal Reserve rate cut, but gains were capped as some investors sold bullion to cover losses in other trades.
The intraday chart of gold shows that a new surge is about to come.
The Gold (XAU/USD) Intraday chart shows that the 14-day Relative Strength Index (RSI) has re-entered the bullish zone, easing off the overbought region, indicating that a fresh upswing remains in the offing.
![Gold Price Technical Analysis On Intraday Chart [28-03-2025]](https://www.goldsilverreports.com/wp-content/uploads/2023/09/Gold-Forecast.webp)
Gold Price Technical Analysis On Intraday Chart [28-03-2025]
The intraday chart shows that spot Gold price has almost tested the ascending triangle target, measured at $3,088.
Gold Prices In India Outlook On Jan-21: How Will 24K, 22K, 18K Prices React On Tues After Trump’s Inauguration
Gold prices in India is likely to be influenced international prices after Donald Trump’s inauguration day where he signed eight executive orders. However, concrete changes are yet to be announced especially related to US trade policy. Yesterday, 24K, 22K, and 18K gold prices climbed ahead of Trump’s inauguration with dollar index witnessing sour mood.
Spot Silver Gains on China Stimulus Plans
Spot Silver prices traded near $32 per ounce on Tuesday, staying close to one-month highs as Chinese policymakers unveiled plans for additional economic stimulus, boosting the demand outlook in the world’s top metals consumer.
Spot Gold At its All-Time High. Know How to Trade Using RSI and Economic Data
Gold prices have performed remarkably well this year, with returns of nearly 20% in the domestic market and almost 30% in the international market so far. The yellow metal has attracted a lot of attention by delivering double-digit returns every year since 2019, except for 2021 when it had a negative return of 4%.
Gold Short Term Technical Forecast [24 Sep 2024]
Gold Technical Forecast: In the near term, and According to the 4-hour chart, some unconfirmed bearish divergences hint at a potential correction. Technical indicators pulled back from their recent highs with neutral-to-bearish slopes, supporting a near-term retracement. At the same time, Gold (Yellow Metal) keeps developing above bullish moving averages, with the 20 SMA accelerating north above the longer ones and acting as dynamic 1st support at around $2,597, and 2nd support at $2574.
फेड द्वारा और अधिक कटौती की संभावना, मध्य पूर्व में तनाव के कारण सोने में बढ़त जारी
फेड द्वारा ब्याज दरों में और कटौती की उम्मीदों के कारण बाजार में सोने की कीमतों में वृद्धि जारी है। इस तरह की कटौती से सोना, जो एक गैर-उपज वाली संपत्ति है, अधिक आकर्षक हो जाएगा। इज़राइल और लेबनान के बीच बढ़ते तनाव ने कीमती धातु की मांग बढ़ा दी है।