“However, gold prices still have room for improvement with possible (US) cuts on the horizon and continuous purchase of the central bank. Until then, gold can find key support at $ 3080 per ounce,” she said.
However, GOLD’s geopolitical risk bonuses are beginning to disappear because the ongoing business negotiations in US-Chinese has shown significant progress, noted Apurva Sheth, market perspectives and research by Samco Securities.
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Last week, the US agreed to reduce Chinese exports to 30% of 145% for 90 days, while China reduced its tariffs to 10% from 125% for the same period, signaling the intention to de-espákal and moving towards a structured business agreement.
“This reduced the need for investors to find shelter in traditional safe assets such as gold,” Seth added.
In fact, during the latest market research on the quarter of the Mint Jay Kothari, the main stock strategist at DSP Mutual Fund, he noted that the best way to play gold from now on is through gold shares.
Uncertainty
The uncertainty was defined by FY25, marked by the principles of shift and global tension. Gold capitalized this instability and overshadowed other classes of assets.
Certainly, Gold returned around 27%in 2024, overcame each other class of assets and labeled its ninth consecutive annual profit last year. Several ongoing wars, tireless purchasing the central bank – for diversification of reserves and relying to rely on the US dollar – and the weakening global outlook attracted investors to gold because they faced uncertainties in the near future.
The tariff seizures of US President Donald Trump and the recent hand on the US currency market and the Ministry of Finance further increased the attraction for gold as the only reliable asset of safe refuge, which in 2025 further stimulated its assembly.
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Indian investors seem to take U-rotation from a safe refuge for more risky assets, such as stocks, as green shoots of geopolitical stability are beginning to appear around the world.
Given that expensive metal, which already brings revenues up to 25% in the first four months of 2025, experts believe that there is a limited space for significant upwards, especially when global uncertainties begin to decrease. This probably explains why the redemption of the home Gold Stock (ETF) shop (ETF) achieved a one -year maximum last year.
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In addition, gold has recently remained under pressure, with prices have been very volatile in the last three to four weeks. Kaynat Chainwala, associated vice-president of commodity research in Kotak Securities, expects a short-term 7-8% correction in gold prices, which is driven by relief of tension in the US.
In India, the prices of gold touched the historic maximum £100,000 per 10 g on the retail market last month. In 2024, the increase in demand for yellow metal achieved a fifteen -year -old maximum, which supported its increase in the price of the meteorics.
The demand for gold in the country reached 4,974 tons in 2024, mainly powered by jewelry and investment demand, which, according to the latest NSE market Puls, was 40% and 24% of the total demand for gold.
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While the total demand increased by 0.6%year -on -year, although on a high base, demand for gold investment increased to almost 25%in the same period.
Shares will turn?
But how long will this increased investment demand for gold last? The recent Financial Services Motillal Oswal reported that with domestic shares insufficiently powerful price of the Golden Price to the Nifty-50 index has already violated its historical median and is now approaching its peak FY16 4.2x.
Historically, such levels indicate a higher probability that it will overcome gold in the future. Could permanent recovery in stocks change this dynamics?
In fact, although Gold exceeded home shares in one or three -year frame, from a very long -term point of view, Equites historically provided excellent revenues. Experts therefore recommend caution when investing in gold in the future.
“Investors should invest an impressed way of and when gold (prices) from here, instead of getting in. While the current uncertainty around US trade agreements will support gold prices in the next few months, we expect a consolidation phase in the near future,” said Pranav Mer, commodity and currency research team.
McX gold is likely to consolidate in a row £91 542 to £93.034, which is 50-62% of the Retraving Level of the recent Rally Z £86 710 to £99 358, noted Seth of Samco Securities.
When booking Mer of Mer from the JM Financial Services, investors have to reserve profits whenever the Golden Assembly from current levels. In fact, investors began to redeem in March, while the Golden ETF saw their first clean outflows in more than a year of that month. In April, however, revenue reached an annual peak on £ 1669 crore.
(Tagstotranslate) Gold Prices
