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.
Neal Bhai
MCX Crudeoil Tips- Profit Rs 10,000 per lot
MCX Crudeoil Tips: West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $70.47 per barrel, down from Tuesday’s close at $70.91. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $73.83 after its previous daily close at $74.27.
Gold investors await Trump tariff plan
Gold prices held firm on Wednesday after jumping to an all-time high in the previous session, as investors hunkered down and awaited details of U.S. President Donald Trump’s tariff plans.
Silver market outlook next week: Silver needs to hold above $34.40 to move towards $35.00
Silver market outlook next week—Silver Market Drivers: Industrial demand, particularly from green tech like solar panels, continues to grow, while supply remains tight—global silver deficits are projected to persist into 2025. Geopolitical uncertainty and a softening U.S. dollar (if Fed rate cuts continue) could further support precious metals. However, a stronger dollar or profit-taking could cap gains.
![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.
Sovereign Gold Bonds Discontinued In FY25 On Price Volatility, Global Economic Headwinds: Finance Minister
Finance Minister Nirmala Sitharaman on Tuesday clarified in a written answer that the government’s decision to discontinue Sovereign Gold Bonds in fiscal 2025 was due to rising borrowing costs, citing gold price volatility and global economic challenges.
Goldman Sachs, BofA raise gold price forecasts amid trade-war tensions
Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce, up from $3,100, with a target range of $3,250 to $3,520 per ounce. The investment bank cited stronger-than-expected exchange-traded fund inflows and sustained central bank demand as key factors behind the revised outlook.
Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week
US stocks rallied to their best day in months on Friday as Wall Street’s roller coaster suddenly shot back upward. That still wasn’t enough to keep the US market from a fourth straight losing week, its longest such streak since August.
Jewellers margin set to take a hit as gold leasing rates surge
The gold leasing rates by leading jewellery firms have shot up sharply as a tariff scare from the Trump administration has prompted global banks to secure the precious metal, leading to a supply crunch in India, among the top consumers of the metal.
