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May 26, 2025
🔥 Gold Signals via Telegram That Actually Work – Powered by FxPremiere 🔥
May 27, 2025FXPremiere · Telegram subscriptions
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Gold Signals
XAU/USD
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View yearly options →Gold Market Update – May 26, 2025
Gold prices experienced a decline on Monday, May 26, 2025, following U.S. President Donald Trump’s decision to postpone the implementation of 50% tariffs on European Union goods, now set for July 9. This move eased immediate trade tensions, reducing demand for gold as a safe-haven asset. As of 11:30 AM GMT, spot gold fell 0.8% to $3,330.48 per ounce, while U.S. gold futures decreased by 1.04% to $3,359.26 per ounce .
Despite the day’s decline, analysts maintain a bullish outlook for gold. Citi has upgraded its three-month price target to $3,500 per ounce, citing ongoing geopolitical risks and concerns over the U.S. budget . Technical indicators also support this positive sentiment, with key support levels identified at $3,310, $3,270, and $3,220 per ounce .
In India, gold prices mirrored the global trend, with 24-carat gold priced at ₹96,410 per 10 grams in Chennai and ₹96,290 in Hyderabad
Looking ahead, factors such as persistent inflation, central bank purchases, and geopolitical uncertainties are expected to continue influencing gold prices. Investors are advised to monitor these developments closely when making investment decisions.
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