# Up 0.46% to ₹92,768/10 gm (as of Friday morning) # Recent Peak (April 22): ₹99,358 # Correction: ~₹7,000 drop post-peak
# Weak US Dollar (-0.30%) # US GDP fell by 0.3% (Q1 2025) # Manufacturing PMI at 48.7 (signaling contraction)
# Trump signals deals with India, Japan, South Korea, and possibly China # Reduced fear = Risk appetite returns
# MCX Gold Support: ₹91,800 – ₹91,150 # Resistance: ₹92,720 – ₹93,200 # Global Gold Range: $3,180 – $3,280
Want Gold Exposure Without Physical Gold? # Gold ETFs = Cost-efficient, liquid, and secure # No storage fuss, easy exit options
What’s Supporting Gold's Rise? # Central Bank Buying # Geopolitical Uncertainty # Trade Wars # Stagflation Risks in the US
# Gold remains a strong hedge # Short-term correction possible # Long-term upside potential remains strong