Gouden price forecast: What is the Outlook of the Golden Rate for April 28, 2025 Week – Do you have to buy or sell? – Times of India

Golden price forecast: Where will the gold prices probably go this week? Where are the global clues to pay attention to and what should your strategy be for gold? Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services LTD explains:
Golden prizes saw an increased volatility last week, initially rises to a record high of $ 3,500/oz on Comex before he withdrew from less than $ 3,300. The rally was driven by the demand for safe port in the midst of increased geopolitical and economic uncertainty.Important catalysts were the criticism of the US Presidentdonald Trump on the chairman of the Federal Reserve Jerome Powell and concerns about long-term trade tensions in the US-China. Trump warned that the American economy could slow down, unless the interest rates are reduced immediately, which increases the pressure on the FED.
However, the gold prices corrected sharply when Trump withdrew from firing Powell and a signaled optimism about possible trade negotiations with China. US Treasury Secretary Scott Bessent added to the mixed signals, which suggests that de-escalation does not offer clarity about timelines. In the meantime, the global sentiment rattled by the degraded global growth grid of the IMF before 2025 to 2.8%, with the inflation expectations upwards.
Application to the uncertainty, President Putin hinted at peace efforts with regard to Ukraine, and the White House reportedly considered tariff reductions on Chinese import. Despite the dip, the attention of investors remains aimed at the independence of the central bank, increased inflation expectations and unequal US economic data, including mixed PMI measurements and sustainable goods assignments.
Markets are now waiting for comments from FED officials for policy direction. Unless there are updates from President Trump or Chinese officials with regard to the trade war, this profit book can continue.
Gold strategy: Sale of gold
Stop loss: above RS 96,500 and Target: RS 93,500/92,800
(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)