Gold Price Today, Gold Price News Today: Gold prices remained steady today as recession fears weighed on market sentiment following a survey of chief financial officers (CFOs) conducted by CNBC. A majority of CFOs forecast that the U.S. economy will enter a recession in the second half of 2025, citing pessimism about economic growth and uncertainty surrounding stock market performance.
Additionally, 95% of CFOs indicated that policy decisions are impacting their business strategies. While many acknowledge that former President Donald Trump is fulfilling his economic promises, they view his administration’s policies as chaotic and disruptive, complicating the business environment.
For Expert Views on Gold and Silver Prices Watch Our Youtube Channel- (14 Million Views)
Stagflation Risks Rise in the U.S.
Concerns over stagflation are increasing as Trump’s tariff policies begin to take effect. However, analysts believe a repeat of the severe inflation and unemployment crisis of the 1970s is unlikely. A Federal Reserve official remarked, “Nothing is more uncomfortable than a stagflationary environment.” Recent economic forecasts from Fed officials have introduced the idea of “Stagflation-lite,” suggesting a potential slowdown in the post-pandemic economic recovery.
Potential U.S. Tariffs on Copper Drive Market Volatility
Reports indicate that the U.S. government may impose tariffs on copper imports in the coming weeks, much sooner than the expected deadline. Following this news, copper prices in New York surged to record highs. President Trump had previously directed the Commerce Department to investigate the need for copper tariffs, with a report due in 270 days. However, insiders suggest that a decision could come significantly earlier.
Gold and Silver Prices Gain Amid Economic Uncertainty
Gold and silver prices saw an uptick due to safe-haven demand following disappointing U.S. consumer confidence data. The consumer confidence index fell for the fourth consecutive month, registering 92.9 in March compared to a revised reading of 100.0 in February, well below economist expectations of 94.2. Concerns over future business conditions and job prospects have hit 12-year lows, reinforcing demand for precious metals.
Geopolitical tensions in the Middle East and fading prospects of a Russia-Ukraine peace deal have also contributed to gold and silver price gains. However, U.S. 10-year bond yields above 4.30% may limit the upside potential for these metals.
Manoj Kumar Jain, Director at Prithvi Finmart, stated, “We expect gold and silver prices to remain volatile this week amid fluctuations in the dollar index and the U.S. trade war. However, gold and silver could hold their key support levels of $2,950 and $31.40 per troy ounce, respectively, on a weekly closing basis.”
Technical Outlook for Gold and Silver
Gold has support at $3,034–$3,022 per troy ounce, while resistance is seen at $3,068–$3,080 per troy ounce. Silver has support at $33.80–$33.55 per troy ounce and resistance at $34.44–$34.80 per troy ounce in today’s session.
According to Jain, on MCX:
- Gold support: ₹87,300–₹87,040 | Resistance: ₹87,850–₹88,100
- Silver support: ₹98,400–₹97,700 | Resistance: ₹1,00,000–₹1,01,200
- Suggested trade: Buy silver around ₹98,500 with a stop loss at ₹97,650 for a target of ₹1,00,000.
Kedia Commodity Analysis:
- Gold support: ₹87,280 | Potential downside: ₹87,005
- Gold resistance: ₹87,910 | Upside target: ₹88,265
- Silver support: ₹98,030 | Potential downside: ₹96,915
- Silver resistance: ₹99,970 | Upside target: ₹1,00,795
Currency Market Update (March 26, 2025)
- USD/INR trading range: 84.96–86.20
- The rupee closed lower as importers hedged liabilities at favorable levels while dollar inflows moderated.
Gold Price Today Digital Media Network
Facebook group of 80,000 jewellers – Sunar Jewellers Ekta – https://www.facebook.com/groups/goldsilverpricenews
Website- https://goldpricetoday.co.in/
Facebook Page- https://www.facebook.com/Goldsilverpricetoday
Instagram- https://www.instagram.com/goldpricetodaynews/
X- https://twitter.com/today_gold
Telegram Group- https://telegram.me/goldsilverprice
Disclaimer:
The information provided in this article is for informational purposes only and reflects the views of industry experts. Before making any investment decisions, it is recommended that you consult a financial advisor. The team at Gold Price Today does not engage in personal buying, selling, or trading of gold or silver on exchanges. We are not responsible for any gains or losses incurred based on the information presented here.
