{"id":"f-993d06a2ab-10175b8e-0d0a-5873-8709-113c35b137ac","title":"Gold, Silver price prediction next week: Rates to stay firm as traders brace for US tariff verdict - Here's what analysts said","description":"Gold and silver are likely to stay firm next week on geopolitical tensions, US tariff policy uncertainty, key global inflation data and safe-haven demand, with analysts seeing further upside in both metals.","timestamp":1768193487,"category":"business","headline":"Gold, Silver price prediction next week: Rates to stay firm as traders brace for US tariff verdict - Here's what analysts said","modifiedHeadline":"Gold, Silver Prices Await US Tariff Decision","subCategories":["scid_6a7129b0"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"53","fcSummary":"Gold and silver prices are expected to maintain positive momentum due to geopolitical tensions and the US Supreme Court's tariff policy decision. Traders will closely monitor inflation data from major economies, trade figures from China, and Federal Reserve commentary.","summary":"Gold & silver rates brace for a firm stance amidst geopolitical unrest & US tariff verdict. Analysts foresee potential upswing.","ctaUrl":"https://trends.glance.com/newz/Personal_Finance/IN/en/et-now/f-993d06a2ab-10175b8e-0d0a-5873-8709-113c35b137ac","sourceUrl":"https://www.etnownews.com/personal-finance/gold-silver-price-prediction-next-week-rates-to-stay-firm-as-traders-brace-for-us-tariff-verdict-heres-what-analysts-said-article-153431396","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/P5XDT-PH-OW0.webp","content":"

\n $\"gold,$ \n

Gold and silver prices are expected to sustain positive momentum next week amid heightened geopolitical tensions and the uncertainty surrounding the US

\n\n\n

Supreme Court's impending decision on President Donald Trump's tariff policy, PTI reported quoting analysts. The release of inflation data from major economies, including the US, India, and Germany, along with trade and investment numbers from China and commentary from some Federal Reserve officials, will also be closely watched by the traders, they added. \"The bullions are expected to continue their positive momentum and corrective moves should be a buying opportunity, as focus again will remain on the US Supreme court hearing in the Trump's trade tariffs case and the geopolitical issues surrounding US President Donald Trump's actions & comments,\" PTI quoted Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd.

\n\n\n

Gold futures on MCX

On the Multi Commodity Exchange (MCX), gold futures climbed by Rs 3,058, or 2.25 per cent, over the past week and settled at Rs 1,38,819 per 10 grams on Friday. Gold prices on the MCX have been volatile this week; however, the trend remains firm as prices closed positively at the end of the week, and the precious yellow metal ended at around Rs 1,38,800 per 10 grams level, Prathamesh Mallya, DVP - Research, Non-Agri Commodities and Currencies, Angel One, said.\n
\n
\nDollar movement, Federal Reserve's next moves, inflation and jobs data are going to be the movers for the bullion prices in the short-term, he added. From a technical perspective, Mallya expects gold to move higher towards Rs 1,41,000 per 10 grams next week.\n
\n
\n

Gold futures in international market

In the international market, gold futures jumped by $171.3, or 4 per cent, over the week to finish at $4,500.90 per ounce on Friday. \"Gold futures continued their positive momentum and closed the week higher by more than 2 per cent, with prices in the overseas market closing near $4,500 per ounce,\" Pranav Mer of JM Financial Services said.\n
\n
\n

Silver futures on MCX

Meanwhile, silver futures on the MCX also witnessed significant upside last week, with the white metal ending near record levels. The metal surged Rs 16,409, or 6.94 per cent. It had zoomed to a record high of Rs 2,59,692 per kg before closing at Rs 2,52,725 per kg on Friday. \n
\n
\nThe white metal, over the past week, increased by $8.32, or nearly 12 per cent, before closing at $79.34 per ounce in the overseas trade. \n
\n
\n

What else?

Mer said bullion prices were supported by safe-haven demand amid heightened geopolitical tensions and mixed economic data. However, gains have been tempered at times by intermittent strength in the US dollar, according to PTI. \n
\n
\nHe added that exchange-traded funds (ETFs) continued to see inflows into gold and silver as investors seek portfolio protection. On the geopolitical front, Mer pointed to rising tensions following the capture of Venezuela's President and control over the country's oil flows, escalation in the Russia-Ukraine conflict, unrest in Iran and broader regional frictions, all of which have supported safe-haven buying in bullion markets.\n
\n
\nLooking ahead, Mer added that silver's bullish structure could see prices testing the Rs 2,80,000-3,00,000 per kilogram. With key inflation data this week and the outcome of the Supreme Court tariff hearing likely to stir policy risk sentiment, bullion markets are likely to remain closely aligned to macro and geopolitical developments in the short term. (With PTI Inputs)\n

","readDurationInMinutes":"6","author":{"name":"ET Now","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/7aec3c7f-0d5c-4772-be2b-8a2314586551.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"G-FHL4HKFC2Z","type":"GA"},{"measurementId":"26200502","type":"COMSCORE","partnerName":"glance"}],"pointerSummary":["Gold/Silver prices rise amid geopolitical tensions, Trump tariff case uncertainty.","MCX Gold up Rs 3,058 to Rs 1,38,819. Silver jumps Rs 16,409 to Rs 2,52,725/kg.","Analysts eye inflation data, Fed moves; Silver may test Rs 2,80,000-3,00,000/kg."],"tags":["GoldPrice","SilverPrice","MarketAnalysis","Commodities","USTariffs","DonaldTrump","InflationData","FederalReserve","GeopoliticalTensions","SafeHavenAssets","MCX","GoldFutures","SilverFutures","JMFinancialServices","AngelOne","RussiaUkraineConflict","IranUnrest","Venezuela","EconomicOutlook","InvestmentStrategy","BullionMarket","PranavMer","PrathameshMallya","PTI"],"consent":true,"redirectionEnabled":false}

Gold, Silver price prediction next week: Rates to stay firm as traders brace for US tariff verdict - Here's what analysts said

SUMMARY