Gold Price Action Today – Gold Market Trend
📢Gold Price Action Today – Gold Market Trend
🟩 BUY SIGNAL(LOW QUANTITY)
• Buy Entry Around : 3345
• Stop Loss: 3310
• Target: 3445
• Current Market Price (CMP): 3353
🟩 BUY SIGNAL(HIGH QUANTITY)
• Buy Entry Above: 3325
• Stop Loss: 3310
• Target: 3445
• Current Market Price (CMP): 3353
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Today’s Daily Gold Market Report – June 4, 2025 🟡
🔑 Key Economic Highlights Driving Gold Prices Today
1. Fed Officials Signal Patience
Following recent inflation data and softening in labor market indicators, several Federal Reserve officials—including Cleveland Fed President Mester—have hinted that the central bank may delay any further rate hikes.
Impact: This has put downward pressure on the U.S. dollar and bond yields, giving gold prices a mild lift.
2. U.S. Services PMI Ahead
Markets are closely watching the ISM Services PMI report due later today. A weaker-than-expected reading could heighten expectations of an economic slowdown, supporting safe-haven assets like gold.
Watchpoint: A strong surprise in data may cap gold’s upside.
3. Central Bank Demand Remains Strong
Recent IMF data indicates continued gold accumulation by central banks in Asia and the Middle East during May.
Significance: Institutional demand continues to act as a firm base for gold’s medium-term uptrend.
4. Middle East Tensions Reignite
Renewed unrest in parts of the Middle East has kept geopolitical risk on the radar. Oil prices have ticked higher, increasing inflationary concerns and prompting cautious sentiment in global markets.
Market Response: Gold is benefiting from increased risk-off flows.
📈 Market Snapshot (As of June 4, 2025, 10:00 AM ET)
| Asset | Price | Change (%) |
|---|---|---|
| Gold (Spot) | $2,561/oz | ▲ +0.37% |
| Dollar Index | 102.8 | ▼ -0.18% |
| 10Y Treasury | 4.33% | ▼ -2 bps |
| S&P 500 Futures | 5,295 | ▲ +0.12% |
🧭 Analyst View & Market Outlook
- Short-term Trend: Bullish bias intact. Gold is seeing support from macro uncertainty and central bank activity.
- Medium-Term Outlook: Targeting resistance at $2,580–$2,600/oz. Further upside if real yields continue to drift lower.
- Goldman Sachs Note: Reiterates long-term gold bull thesis; expects continued central bank demand, geopolitical instability, and lower real rates to propel prices toward $3,000/oz by end-2025.
⚠️ Important Note:
Market conditions can shift rapidly, especially in response to economic data or geopolitical developments. Revisions to prior data releases are also common. Traders are advised to monitor real-time updates and consult with financial advisors before making any trading decisions.
⚠️ Disclaimer:
This content is for educational purposes only and does not constitute financial advice. Trading involves risk. Always do your own research and consult with a qualified financial advisor.
Topic Covered:
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