Gold & silver price prediction as we speak: What’s the gold rate outlook for June 19, 2025 – should you buy or promote?

Gold price prediction: For these contemplating an extended place, getting into close to ₹98,700 with a goal of ₹1,01,000 gives a beneficial threat-to-reward ratio. (AI picture)

Gold and silver price prediction: Gold and silver price instructions will proceed to be influenced by world components – US Federal Reserve’s stance, ongoing Iran-Israel battle, and US President Donald Trump’s commerce insurance policies. Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group shares his outlook on gold and silver costs and the buying and selling technique for buyers:

MCX Gold Outlook

MCX Gold is at present testing an important help zone round ₹98,700 per 10 grams, presenting a possible shopping for alternative for merchants. This degree aligns with current technical evaluation, which signifies that the 98,700–98,800 vary is a major help space. A bounce from this zone might propel costs towards the subsequent resistance at ₹1,01,000, with a cease-loss positioned beneath ₹98,000 to handle threat successfully.For these contemplating an extended place, getting into close to ₹98,700 with a goal of ₹1,01,000 gives a beneficial threat-to-reward ratio. It’s important to watch world developments carefully, as any escalation in geopolitical tensions might additional bolster gold costs.

MCX Gold Strategy

MCX Silver Outlook

MCX Silver has just lately surpassed the ₹109,000 per kilogram mark and is approaching the ₹110,000 degree, indicating a continuation of its bullish development. This upward momentum is supported by a accomplished bullish sample on COMEX Silver, the place costs have crossed the $37 per ounce threshold, signaling sturdy investor confidence.Technically, MCX Silver has accomplished a bullish sample. This breakout suggests potential additional features, projecting a goal of ₹111,900, supplied the help at ₹107,500 holds. A failure to take care of this help might result in a retracement, however the prevailing development stays constructive.Geopolitical tensions, notably in the Middle East, proceed to bolster silver’s attraction as a secure-haven asset.In abstract, with sturdy technical indicators and supportive macroeconomic components, MCX Silver presents a good buying and selling alternative. Traders could think about getting into positions close to ₹107,500, focusing on ₹111,900, whereas putting cease-loss orders beneath ₹107,000 to handle threat successfully.

MCX Silver Strategy

(Disclaimer: Recommendations and views on the inventory market and different asset courses given by consultants are their very own. These opinions don’t characterize the views of The Times of India)