Gold rate outlook: Gold may extend rally amid macroeconomic uncertainty; analysts flag tariffs, central bank buying as key drivers
Gold prices are expected to rise further due to macroeconomic uncertainty, trade tensions, and central bank buying. Analysts are closely monitoring upcoming economic data releases and Federal Reserve officials' speeches for insights. Tariff escalations and a weaker dollar are also contributing factors, potentially driving gold to new highs in both international and domestic markets.
Gold prices are expected to rise further due to macroeconomic uncertainty, trade tensions, and central bank buying. Analysts are closely monitoring upcoming economic data releases and Federal Reserve officials' speeches for insights. Tariff escalations and a weaker dollar are also contributing factors, potentially driving gold to new highs in both international and domestic markets.
