Topic
price outlook
Commodities Gold price prediction August 11 2026: Buy dips, not the rally, with $4,500 in view
Business Today's August 11 gold outlook says buying dips is preferable to chasing the rally as spot gold holds at $4,345 after a 7.31% weekly surge. Gold may reach $4,500 in the short term if oil stabilises lower; Strait of Hormuz politics and weak US jobs data are key drivers.
Commodities Gold Silver Price Outlook: Middle East Conflict and Inflation Data to Drive Prices This Week
Precious metals are expected to remain under pressure this week as investors weigh the US-Iran conflict and upcoming inflation data from the US, India, and the euro area. MCX gold futures declined 2.65% to Rs 1.43 lakh per 10 grams, while silver tumbled 6.2%. Analysts note that a stronger US dollar and higher crude oil prices are weighing on sentiment.
Commodities Gold and Silver Face Key Test Next Week as US Dollar, Iran Tensions and Jobs Data Take Centre Stage
Gold and silver prices are expected to remain under pressure next week as investors assess US-Iran tensions, crude oil movements, and key global economic data including US non-farm payrolls. On MCX, gold futures fell 2.06% and silver plunged 6.4% this week, while Comex gold declined 3.5%. Analysts cite US dollar strength and lower crude prices as key drivers, with upcoming data likely to influence the Federal Reserve's rate path.