Gold & Silver Price Prediction: Outlook for June 19, 2025
Gold price prediction: Think about buying near ₹98,700. Aim for ₹1,01,000 to balance risk and reward. (AI image)
Gold and silver prices will keep changing. This happens because of global factors like:
- The US Federal Reserve’s policies
- The ongoing Iran-Israel conflict
- US President Donald Trump’s trade policies
Abhilash Koikkara is the Head of Forex & Commodities at Nuvama Professional Clients Group. He shares his outlook and trading strategy for gold and silver prices.
MCX Gold Outlook
MCX Gold is testing a key support zone around ₹98,700 per 10 grams. This could be a good buying chance for traders. This level matches recent technical analysis. It shows that the 98,700–98,800 range is a strong support area.
If the price bounces from this zone, it could rise to the next resistance at ₹1,01,000. To manage risk well, place a stop-loss below ₹98,000.
For those thinking of a long position, entering near ₹98,700 with a target of ₹1,01,000 offers a good risk-to-reward ratio. Watch global events closely. Any rise in geopolitical tensions could boost gold prices further.
MCX Gold Strategy
- Current Market Price (CMP): ₹99,300
- Target: ₹1,01,000
- Stop Loss: ₹98,000
MCX Silver Outlook
MCX Silver has passed the ₹109,000 per kilogram mark. It is now nearing the ₹110,000 level. This shows its bullish trend continues. This upward move is backed by a completed bullish pattern on COMEX Silver. Prices there have crossed the $37 per ounce mark. This signals strong investor confidence.
Technically, MCX Silver has completed a bullish pattern. This breakout hints at more gains. It projects a target of ₹111,900, if the support at ₹107,500 holds. A failure to keep this support could lead to a pullback. But the overall trend stays positive.
Geopolitical tensions, especially in the Middle East, keep boosting silver’s appeal as a safe-haven asset.
In short, with strong technical signs and helpful macroeconomic factors, MCX Silver offers a good trading chance. Traders might think about entering positions near ₹107,500. Aim for ₹111,900. Place stop-loss orders below ₹107,000 to manage risk well.
MCX Silver Strategy
- Current Market Price (CMP): ₹1,09,500
- Target: ₹1,11,900
- Stop Loss: ₹1,07,500
Disclaimer: Experts give their own recommendations and views on the stock market and other asset classes. These opinions do not represent the views of The Times of India.
