Fed, crude, dollar and Iran war: 4 factors that could move gold next week - The Times of India
Gold
AI desk brief
Gold and silver are set for a volatile week as traders focus on the Sept. 15-16 FOMC decision, crude oil, the dollar and US-Iran tensions. On the latest week, MCX gold for Oct. delivery rose Rs 17 to Rs 1,52,784/10g, while silver fell Rs 2,684, or 1.13%, to Rs 2.34 lakh/kg; COMEX Dec. gold fell 1.5% to $4,408.9/oz and silver dropped 2.34% to $65.19/oz.
Analysts said a less hawkish Fed or lower crude could support a rebound in bullion, while a hawkish signal or renewed oil strength could trigger another leg lower. The article also flags upcoming BoE and BoJ decisions, plus inflation prints across the US, Europe, India and Japan as additional catalysts.
Sources used
- S1 The Times of India via Google News — Fed, crude, dollar and Iran war: 4 factors that could move gold next week - The Times of India