Gold price prediction: What’s gold rate outlook for April 28, 2025 week – should you buy or promote?

Gold costs noticed heightened volatility final week, initially surging to an all-time excessive of $3,500/oz on COMEX earlier than retreating beneath $3,300. (AI picture)

Gold price prediction: Where are gold costs prone to head this week? What are the worldwide cues to be careful for and what should your technique be for gold? Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial providers Ltd explains:
Gold costs noticed heightened volatility final week, initially surging to an all-time excessive of $3,500/oz on COMEX earlier than retreating beneath $3,300. The rally was pushed by secure-haven demand amid heightened geopolitical and financial uncertainty.Key catalysts included U.S. PresidentDonald Trump’s criticism of Federal Reserve Chair Jerome Powell and considerations over extended U.S.-China commerce tensions. Trump warned that the U.S. economic system may gradual until rates of interest are minimize instantly, growing stress on the Fed.
However, gold costs corrected sharply as Trump backed away from firing Powell and signaled optimism over potential commerce negotiations with China. U.S. Treasury Secretary Scott Bessent added to the blended alerts, suggesting de-escalation however providing no readability on timelines. Meanwhile, international sentiment was rattled by the IMF’s downgraded international progress forecast to 2.8% for 2025, with inflation expectations revised upward.
Adding to the uncertainty, President Putin hinted at peace efforts concerning Ukraine, and the White House was reportedly contemplating tariff cuts on Chinese imports. Despite the dip, investor consideration stays targeted on central financial institution independence, elevated inflation expectations, and uneven U.S. financial information, together with blended PMI readings and sturdy items orders.
Markets now await feedback from Fed officers for coverage path. Unless there are any updates from President Trump or Chinese officers concerning the commerce warfare, this revenue reserving may proceed.
Strategy for Gold: Sell Gold
Stop Loss: above Rs 96,500 and Target: Rs 93,500/92,800
(Disclaimer: Recommendations and views on the inventory market and different asset lessons given by consultants are their very own. These opinions don’t characterize the views of The Times of India)