Archive · 29 Jun 2025
Gold Prices Face Pressure Amid US Data and Investor Sentiment
Gold prices might stay low because people are waiting for important news from the US about jobs and money.
Since things are calmer in the world, people aren't as worried and are buying less gold.
The Federal Reserve is careful about lowering interest rates.
Experts think gold prices could stay in a certain range.
If there's a surprise in the US data, or the US dollar changes, that could affect gold prices.
Gold prices may remain under pressure in the coming week.
Investors are awaiting key US macroeconomic data.
Market sentiment has shifted away from safe-haven assets due to easing geopolitical tensions.
The Federal Reserve is cautious about interest rate cuts.
Gold futures closed at ₹95,524 per 10 grams on Friday.
- Who
- Investors and analysts.
- What
- Gold prices may remain under pressure.
- When
- The coming week.
- Where
- Domestic and international markets.
- Why
- Due to expectations of key US macroeconomic data and shifting investor sentiment.
Market Factors
US Economic Indicators
Factors Influencing Gold Prices
Market Factors
Waning geopolitical concerns and improving risk appetite away from safe-haven assets like gold.
US Economic Indicators
A weaker dollar provides some support, though the US-China deal didn't offer support for the dollar.
- Gold Futures (Friday Close)
- ₹95,524 per 10 grams
- Expected Gold Price Range (MCX)
- ₹93,000-97,500 per 10 grams
- Expected International Gold Price Range
- USD 3,175-3,325