Gold Holds Firm as Fed Minutes and Iran Risks Keep Markets Cautious

Gold Prices

gold price outlook: Gold (XAU/USD) remains at elevated levels as lower Treasury yields and the US Treasury’s larger debt buyback plan provide support. However, the Federal Reserve’s concerns about persistent inflation could limit further gains. Geopolitical tensions involving Iran and uncertainty around the Strait of Hormuz also remain in focus. The technical structure stays positive after gold turned higher from the lower wedge support. Markets will now focus on Fed policy signals and geopolitical developments for the next direction.

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MCX Gold Forecast: Bullish Momentum, Targets & Key Levels

MCX Gold Forecast

MCX Gold Forecast: MCX Gold is showing signs of renewed strength, with the short-term technical setup remaining positive. Even though expectations of US interest-rate cuts have weakened after recent economic data, gold is holding firmly and continues to attract buying interest.

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