On this day of November 21, 2025, the financial markets are abuzz with discussions and prognostications about the future route of gold prices. Despite the inherent allure of the shiny yellow metal, it appears to be facing a stiff resistance at Rs 1,22,850.
Economists and traders attribute this resistance to a variety of factors. Chief among them is the worldwide financial stability and a revived faith in paper currencies. This has reduced the clamour for gold as a safe haven during uncertain times. Moreover, an overall optimism about global economic growth prospects continues to diminish the glitter of gold.
It’s interesting to note that the resistance isn’t a sudden phenomenon. It has been gradually built up, mirroring the ebb and flow of global economic trends and geopolitical events. Traders are hence wary of this resistance, choosing to tread cautiously while dealing in gold.
Given these factors, the outlook for gold prices seems muted for the remainder of the month. However, as always, the unpredictability of global events could stimulate a shiny reversal in the fortunes of gold. Investors are advised to keep a keen eye on trends and make informed decisions. Read More
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