For gold bulls, sky is the limit, but a hurdle lurks and could trigger profit booking. Here’s why

April 18, 2025

Gold prices experienced a dip of Rs 400 per 10 grams on Thursday due to profit booking, following a record high of Rs 95,935. Experts remain bullish, citing ongoing uncertainties, but caution against potential hurdles like tariff agreements. Analysts suggest a ‘buy on dips’ strategy, anticipating resistance around Rs 99,000, while closely monitoring international prices and key support levels.

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