Gold price prediction today: Will gold rates cross Rs 1.12 lakh mark on MCX futures in near-term? Here’s the outlook
Gold price prediction today: Will gold rates cross Rs 1.12 lakh mark on MCX futures in near-term? Here’s the outlook
Gold prices are expected to continue their bullish trend, driven by expectations of a Federal Reserve interest rate cut and weak US labor market data. Political instability and central bank demand are also supporting the price. While overbought conditions suggest caution, analysts anticipate a potential rise to $3720-$3750 per ounce in the coming weeks.
Gold prices are expected to continue their bullish trend, driven by expectations of a Federal Reserve interest rate cut and weak US labor market data. Political instability and central bank demand are also supporting the price. While overbought conditions suggest caution, analysts anticipate a potential rise to $3720-$3750 per ounce in the coming weeks.