What Next ??? - August 30, 2025

Click here to Subscribe for FREE Market Updates  WhatsApp

What Next ???

Gold prices could rise $3457 to $3484 up to and Silver up to $39.94 to $40.58
-Pratap Kolagatla, MD, sQuareindia Advisory


Gold :  

13 analysts responded this week, 12 see prices up, while 0 see prices down, and 1 see market volatile especially Trading range will be between $3384-$3489 levels.

S1:3422 S2:3408 S3:3384
R1:3458 R2:3472 R3:3489

Silver :  

Silver Prices remain volatile, but the tone toward the metal remains high, especially Trading range will be between $37.55-$41.12 levels.

S1:39.45 S2:38.60 S3:37.55
R1:39.99 R2:40.44 R3:41.12

MCX Gold OCT :  

Now support for the Gold is seen at 103002 and below could see a test of 102180-101225. Resistance is now likely to be seen at 104310 a move above could see prices testing 105125-106665.

S1:103002 S2:102180 S3:101225
R1:104310 R2:105125 R3:106665

MCX Silver DEC :  

Now support for the silver is seen at 119150 and below could see a test of 117425-114340. Resistance is now likely to be seen at 120815 a move above could see prices testing 121280-122855.

S1:119150 S2:117425 S3:114340
R1:120815 R2:121280 R3:122855



SEP 2nd :

ISM Manufacturing PMI :
Previous: 48.0 Forecast: 48.90
Actual > Forecast is good for Dollar

SEP 2nd :

ISM Manufacturing Prices :
Previous: 64.8 Forecast: 65.1
Actual > Forecast good for Dollar

SEP 3rd :

JOLTS Job Openings :
Previous: 7.44M Forecast: 7.24M
Actual > Forecast is good for Dollar

SEP 4th :

ADP Non-Farm Employment Change :
Previous: 104K Forecast: 71K
Actual > Forecast is good for Dollar

SEp 4th :

Unemployment Claims :
Previous: 229K Forecast: 229K
Actual < Forecast is good for Dollar

SEP 4th :

ISM Services PMI :
Previous: 50.1 Forecast: 50.5
Actual > Forecast good for Dollar

SEP 4th :

Crude Oil Inventories :
Previous: 18B Forecast: 14B
Actual > Forecast good for Dollar

Click here to Subscribe for FREE Market Updates  WhatsApp

Chat on WhatsApp