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    CENTRAL BANKS GOLD DEMAND

    Commodity Talk: 2 reasons why July could be an inflection point for gold. Accumulate, says Augmont’s Renisha Chainani

    Gold's near to medium-term outlook remains constructive, supported by sticky inflation and geopolitical tensions. July could be a critical point depending on the US Fed's rate cut cycle and Trump's tariff pause. Experts suggest accumulating gold on dips around Rs 90,000–Rs 94,000, with a potential target of Rs 1,05,000+ and silver looks more attractive.

    India slashes interest rates, but who will borrow?

    The Reserve Bank of India is aggressively easing monetary policy to boost consumption and investment amid global uncertainty. The RBI cut key rates and the cash reserve ratio, hoping banks will increase lending to SMEs, complementing a rural income boost from a strong monsoon. The success hinges on banks' willingness to lend and companies' appetite for debt in the current economic climate.

    Gold Price Prediction: Yellow metal tumbles Rs 2,800/10 gms amid US-China trade uncertainty. How to trade

    Gold June futures at MCX opened lower by Rs 723 at Rs 96,397/10 grams. Silver July futures also dipped by Rs 563 to Rs 1,06,524/kg after reaching an all-time high. Despite settling positively on Monday, both metals experienced volatility due to ongoing US-China trade talks and a weaker dollar. Analysts expect continued fluctuations this week

    Civil War has begun! Rich Dad Poor Dad author Robert Kiyosaki warns of global chaos, backs Bitcoin as the only safe haven

    In a now-viral tweet, Kiyosaki noted that the unrest extends beyond the United States, highlighting increasing turmoil in countries like Japan, China, and France. He suggested that the world may be heading into a phase of broad-based instability.

    Sold on gold? Silver may steal the spotlight as charts turn bullish and dollar weakens

    Silver is poised for a potential record-breaking surge, surpassing $36 per ounce for the first time in 13 years, driven by technical strength and a weakening dollar. Analysts anticipate silver outperforming gold, potentially reaching $50 by year-end. Favorable technical patterns and expectations of easing trade tensions further fuel the bullish outlook for the white metal.

    Gold price today: Gold rate remains low. How will bullion perform in June?

    Gold, considered a safe-haven asset during political and economic uncertainty, tends to thrive in a low-rate environment.

    The Economic Times
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