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Gold Price Forecast: Will Gold Rise or Fall Next Week? Key Factors to Watch
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CNBC Awaaz•20-09-2026, 19:25
Gold Price Forecast: Will Gold Rise or Fall Next Week? Key Factors to Watch
- •Next week, gold prices will be influenced by the US dollar, Treasury yields, West Asia tensions, and crude oil prices.
- •MCX October gold futures closed up ₹1,597 at ₹1.54 lakh per 10 grams; silver gained ₹6,629 to ₹2.41 lakh per kg.
- •A stronger dollar and rising US bond yields could put pressure on gold demand.
- •US inflation data and ongoing tensions in West Asia will also be crucial for gold's direction.
- •Immediate resistance for MCX gold is ₹1,54,000–₹1,54,700, with support at ₹1,50,000–₹1,50,700.
Key Questions Answered
On the MCX, October delivery gold futures closed up by ₹1,597 at ₹1.54 lakh per 10 grams, while silver futures gained ₹6,629 to reach ₹2.41 lakh per kilogram.
Gold prices next week will be influenced by the movement of the US dollar, Treasury yields, US inflation data, ongoing tensions in West Asia, and crude oil prices.
The immediate resistance for MCX gold is ₹1,54,000–₹1,54,700, with the next zone at ₹1,56,300–₹1,57,000, while support stands at ₹1,50,000–₹1,50,700 and ₹1,47,300–₹1,48,000.
