Gold price forecast today: where is the gold speed upwards and is silver a better gamble compared to yellow metal at the moment? Here are the prospects – Times of India

Golden price forecast Today: Gold rates can remain a reach -related because geopolitical tensions alleviate and optimism for possible American trade agreements with countries in the expansion of the TariefdeAdline until 1 August 2025. In the coming days, silver can be the preferred option compared to gold, experts say. NAVEEN Mathur, director – Commodities & Currencies, Anand Rathi shares and stock brokers shares his views and recommendations for gold investors:The golden prize continued to have to deal with obstacles in the vicinity of $ 3350 since last week after the precious metal has risen lower since last week, because the report of the US June Non -Farm Payrolls (NFP) changed the policy expectations of the US Federal Reserve (FED). The American NFP came stronger than expected and rose with 147,000 jobs in June from 144,000 in May (revised from 139,000). Moreover, the unemployment rate remained stable at 4.1%in June. These reports indicated that the resilience of the labor market on the labor market, which reduces the possibility of the monetary accommodation of the FED. This in turn supports the US Dollar (USD) and exerts some sales pressure on the non-return assets such as gold.On the other hand, renewed geopolitics saw Israel militarily attacking Houthi goals in three ports and a power plant in Yemen. Minister of Defense Israel Katz confirmed the attack and said they were carried out by repeated attacks by Iran supported by Iran on Israel. However, the same could not produce extra prices. Traders are braced for the Federal Open Market Committee (FOMC) minutes later on Wednesday for new impulse. Gold traders can also follow developments around the tariff policy closely in the midst of renewed geopolitical tensions that are seen in the middle. Many major American trading partners are seen who hurry to secure deals, whereby Commerce secretary Howard Lutnick says reporters on Sunday that Land-Per Land rates will take effect on 1 August. Although an interim agreement with India was also expected to reach, trade -related uncertainties will be seen in the coming weeks. The consistent tariff threats of US President Donald Trump have temporarily muted the demand for the yellow metal while the demand for the Greenback is supported. The president has announced new rates for countries, with Japan at 25% and South Korea with 30% striking. He also gave a new deadline, August 1, instead of July 9.The general wide trend can remain sideways until careful at higher levels in the midst of FED meetings that appear on Wednesday evening, can remain the next large trigger that can also give instructions on the timing of tariff reductions, whereby most members prefer tariff reductions from September. On the other hand, silver can remain a desired bet for the coming month compared to gold, because Zilveren Doelverse ETFs are now the highest since mid-2022, after he enjoyed the net intake in almost half a decade for the past eight weeks

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(Disclaimer: recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the opinion of the Times of India)