Tuesday, June 17, 2025

Creating liberating content

After quitting their royal life, Harry and Meghan gave a

Ramp, which offers a financial operations platforms to corporate clients,

Amazon CEO Andy Jassy speaks during a keynote address at

From red and yellow to green, we often shop for

Related News

After quitting their royal life, Harry and Meghan gave a bombshell interview to Oprah Winfrey in 2021 that shocked the royal family. In the interview, Meghan and Harry accused the

Ramp, which offers a financial operations platforms to corporate clients, has raised its valuation to $16 billion in a new fundraising led by long-time investor Founders Fund, Peter Thiel’s venture

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in

From red and yellow to green, we often shop for fruits and veggies of these colors, as they are said to keep the heart, eyes, and metabolism healthy. Have you

The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs

The rupee weakened by 30 paise to close at 86.34 against the US dollar on Tuesday, pressured by a sharp rise in global crude oil prices and growing geopolitical uncertainty

Trending News

The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs

Railways Minister Ashwini Vaishnaw on Tuesday inaugurated India’s largest Gati Shakti Multi-Modal Cargo Terminal for automobiles at Maruti Suzuki’s Manesar plant, calling it a key step in boosting logistics efficiency

Pakistan and the United States have agreed to intensify negotiations on reciprocal tariffs with the aim of finalising a bilateral trade deal through continued technical engagement, according to Radio Pakistan.The

China’s President Xi Jinping on Tuesday US President Donald Trump’s tariff imposition and said that the protectionist approach was “bound to harm others and oneself”.“Tariff wars and trade wars have

Siemens will deploy ETCS Level 2-based signalling and train control systems under the contract. (AI image) India’s first bullet train project between Ahmedabad and Mumbai is on track despite several

Global oil demand will decline slightly in 2030 for the first time since the 2020 Covid shock, the International Energy Agency (IEA) said on Tuesday, as slower economic growth, electric

Gold price prediction: What’s the gold rate outlook for June 9, 2025 week – should you buy or sell?

Word Count: 706 | Estimated Reading Time: 4 minutes


Gold price prediction: What's the gold rate outlook for June 9, 2025 week - should you buy or sell?
Gold price prediction: Last week, Gold climbed to a near four-week high, while silver surged past ₹1 lakh on the domestic front. (AI image)

Gold price prediction today: Gold rates have seen major fluctuations over the last few weeks, ever since the yellow metal prices hit a lifetime high. Gold is seen as a safe haven investment in times of turmoil and uncertainty. The rapidly evolving geopolitical and trade situations have kept gold investors guessing on the direction of gold prices. So, what is the gold rate prediction for this week and what should investors do? Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his outlook on gold prices and strategy for gold investors:Last week, Gold climbed to a near four-week high, while silver surged past ₹1 lakh on the domestic front, driven by a weakening dollar and escalating global uncertainty. Silver posted one the sharpest gains on daily and weekly basis, gaining 2.7% in the previous session, its strongest daily performance in over three weeks, as investors sought refuge amid concerns over the US-China trade deal. The upcoming trade discussions between US and China remains a key event for market direction. The European Commission is also urging the US to reduce tariffs, adding to the broader trade policy uncertainty. Meanwhile, geopolitical tensions intensified with Russia demanding territorial concessions from Ukraine to end the war. On the macro front, weaker-than-expected US manufacturing and services PMI data, coupled with disappointing private payrolls, raised concerns about stagflation. Still, the better-than-expected non-farm payroll data signalled resilience in the labour market, keeping investor sentiment mixed. Silver, after lagging behind gold, saw renewed interest due to improved fundamentals and technical momentum, pushing it to a 13-year high. The Gold/Silver ratio also dropped sharply, signalling silver’s relative strength. ETF inflows into silver added further support, reflecting growing investor appetite for the metal amid continued global economic and political instability. Focus this week will be on US and China CPI data. Strategy: Gold and Silver Buy on dips.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account