Gold prices saw a slight dip on August 11, 2025, but experts believe that gold prices may rise again this week. Investor interest in gold is expected to increase due to US inflation data, global economic uncertainties, and central bank purchases. Therefore, this week could prove to be important for investors.
Gold Price: On Monday, August 11, gold prices opened lower in the international market. On COMEX, the price of gold fell by 1.42 percent to $3441.30 per ounce, while silver also fell by 0.84 percent to $38.22 per ounce. This decline is mainly attributed to a decrease in geopolitical tensions and a reduction in demand for safe-haven investments. However, experts say that the situation may change in the coming days with the release of fresh US inflation data, which will affect the Federal Reserve's interest rate decisions. For this reason, investors are keeping a close watch on the economic data to be released this week.
Potential Increase in Gold Prices
According to analysts, global economic uncertainties, trade tariff disputes, and gold purchases by the central banks of several countries could push gold prices higher again this week. Investors are closely watching GDP and inflation (CPI) data coming from the US, UK, and the European Union. According to Prathamesh Mallya, Research Head at Angel One, the price of gold will remain bullish and is likely to touch new record levels in the futures market.
Previous Days' Increase in Gold Prices
On July 28, the price of gold was approximately ₹98,079 per 10 grams, which has now increased to ₹1,02,250. In the international market, the price of gold was $3,268 per ounce on July 30, which increased to $3,534.10 per ounce by August 8. This surge has also affected the domestic market, making gold a safe and profitable investment among investors.
Increase in Gold Prices on MCX Last Week
On the Multi Commodity Exchange (MCX), the futures price of gold for the October contract rose by ₹1,763 last week, representing an increase of approximately 1.77 percent. This increase is a positive sign for investors and strengthens the prospects for investment in gold in the coming days.
Even though gold prices have fallen today, experts believe that the situation could change rapidly in the coming days based on economic data. In particular, data such as the US Core PPI and CPI could influence the Federal Reserve's interest rate policy, which would increase the demand for gold. In addition, investors are considering gold a safe option due to global economic instability and trade disputes.
