Gold price prediction: What’s the gold rate outlook for July 7, 2025 week – should you buy or sell?

Gold price prediction: Gold prices saw notable fluctuations over the last week, ultimately settling near a six-week low. (AI image)

Gold price prediction today: Gold prices are expected to continue being volatile in the near future on the back of uncertainties regarding US President Donald Trump’s tariff policies, the approaching July 9 deadline, possible trade deals, and the fresh threat of additional 10% tariffs on BRICS countries that align with ‘anti-American policies’. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his outlook on gold prices and strategy for gold investors:Gold prices saw notable fluctuations over the last week, ultimately settling near a six-week low amid easing global tensions and shifting investor sentiment. The softening of US-China trade hostilities, including agreements on rare earth shipments, dampened safe-haven demand for gold.On other hand, a tentative Iran-Israel ceasefire and Trump’s tariff reprieve on multiple countries also reduced geopolitical risk premiums. Despite the US dollar weakening to its lowest in over three years, gold prices were weighed down by stronger-than-expected US nonfarm payroll data and mixed labour market signals, which cast doubt on near-term Federal Reserve rate cuts. President Trump intensified his push for lower rates, even sending annotated global rate comparisons to Fed Chair Powell, though Powell maintained a cautious “wait and see” stance. Political developments added further complexity: Senate Republicans passed Trump’s aggressive tax-and-spending bill, while trade negotiations also picked up pace over the weekend. US is close to finalizing several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9, President Trump mentioned over the weekend, with higher rates scheduled to take effect on August 1.President Trump’s tariff decision on BRICS nation will also be important to keep an eye on. Elsewhere, the first session of indirect Hamas-Israel ceasefire talks in Qatar ended inconclusively, adding that Israeli delegation didn’t have a sufficient mandate to reach an agreement with Hamas. The USDINR hovered just below 86, influencing domestic prices. With the FOMC minutes and tariff deadlines approaching, market attention remains sharply focused on Fed policy cues and global trade dynamics.

(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)