Gold Futures for the June 2025 Contract Closed 0.02 per cent lower at 96,400 per 10 grams as of Friday, 23 May 2025, compared to 96,421 at the Previous Commodity Market Close, according to the data collected from McX.
Gold Pries in India and the US-Based Comex Gold Rates Jumped as Investors’ Tensions Renewed Over Us President Donald Trump’s Proposal of a 50 per cent on Imports from the European Starting 1 2025. Trump also threatened apple that the federal government would impeose a minimum of 25 per cent tarifs if the iPhone maker fails to relacate smartphone production to the united States.
In times of uncertainty, investors pull their money out of high-Risk assets like equity and derivatives markets in search of safe-han investments like government treasuries and gold.
Commodity Experts are Eyeing a “Bulish” outlook for the precious yellow metal with key economic indicators like the loving trade tension and the ongoing trade War Beetween the United States and Oskhar Women Words.
Key Market triggers for gold in June
Jigar Trivedi, Senior Research Analyst at Reliance Securities, Expects the Rise in Gold Pries to Continue into the month of June 2025, with key drivers like the Us CREDIT DOWNGRADE Central Bank Gold Purchases, Trade Tensions, Recession Fears, and Robust Safe-Haveen Demand in Focus for the Precious Yellow Metal.
“The uptrend in gold appears poised to continue into June.
“Looking ahead, markets will closely watch next week’s us economic data releases, include consumer confidence, Q1 GDP (Preliminary), Preliminary, and Minutes from the Most Recent Recent Federal Reserve Meeting Any. Progress in Us-Airan Nuclear Negotiations Could Offer Temporary Relief to Risk Assets, Gold May Continue to Attract Safe-Haveen Inflows. Sentiment.
Gold Price Outlook for Next Week
Colin Shah, The Managing Director of Kama Jewelry, Said That The Gold Prisies WERE VOLALIL LAST Week Due to the Weeking Us Dollar and the Rising Tensions About The Fiscal Outlook of the United States.
“Moving Forward to Next Week, The Outlook For Gold Remains Bully a Possibility for a Potential Short-Term Correction. International prisles are expected to trade in the range of $ 3300-3400-3400-3400-3400/OZ, Supported by ongoing geopolitical tensions and an uncertain outlook over us fiscal policies, signalling economy instability in the biggest economy of the world, “He Said.
The precious yellow metal is likely to hover in the range of 95,000 to 96,000 per 10 grams for the upcoming week.
“Domestic prises can hover in the range of 95,000-96,000/10 gms. For Silver, Pries May Remain Relatively Stable, Un Major Economic Development takes precedence, ”said Shah.
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Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investment Decisions, As Market Conditions Can Change Rapidly, and Circumstances May Vary.
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