MirajMehedi Official

Gold prices held firm with upward momentum today, supported by ongoing safe-haven demand amid geopolitical tensions (U.S.-Iran developments) and robust structural buying, trading around $5,100–$5,120 per ounce in the global spot market.$XAU
Global Spot Price — Spot gold hovered at approximately $5,106–$5,122 per ounce (up ~2%+ in recent sessions from mid-February levels). This follows a volatile period with a January peak near $5,600, now consolidating higher on central bank and institutional flows despite some dollar strength. Key Drivers — Escalating U.S.-Iran nuclear concerns, persistent central bank purchases (re-accelerating in 2026), ETF inflows, and diversification needs amid macro uncertainties. Analysts (e.g., Goldman Sachs, UBS) eye year-end targets of $5,400–$6,200, viewing gold as decoupled from traditional inverse-dollar dynamics. $XAU China Focus — Demand remained supported pre- and post-Lunar New Year holiday influence, with Shanghai gold around CNY 35,200–35,280 per ounce (~CNY 1,134 per gram). Strong ETF inflows, speculative activity, low deposit rates, and "unruly" retail interest fueled buying on dips near key thresholds (e.g., RMB 1,000/gram support). Bar/coin demand outpaced jewellery amid safe-haven shifts. India Focus — Domestic prices rallied, with 24K gold at ~INR 15,900–15,943 per gram (or ~INR 1,59,000–1,59,430 per 10 grams on MCX). Volatility tempered retail/jewellery demand during wedding season (widening discounts), but investment via ETFs stayed solid, offsetting subdued physical buying. Prices mirrored global gains, up significantly in recent days. $XAU

🟢Short-term View — Bullish bias persists with support near $5,000–$5,050 and potential to test $5,200+ on renewed catalysts. Volatility likely as markets digest data and holiday effects fade, but long-term outlook remains positive — driven by sovereign accumulation and layered demand from China and India once retail participation rebounds fully. Monitor geopolitical headlines and upcoming economic releases closely.

Die Goldpreise sind heute stark gestiegen, angetrieben von einer erneuten Nachfrage nach sicheren Anlagen angesichts eskalierender geopolitischer Spannungen (insbesondere U.S.-Iran-Angelegenheiten) und anhaltender makroökonomischer Unsicherheiten, die den Spotgoldpreis fest über $5.100 pro Unze drängten.
Globaler Spotpreis — Handel um $5.105–$5.120 pro Unze (steigt um ~2,2–2,3% intraday). Dies folgt auf eine Erholung von den Rückgängen Mitte Februar, mit frischem Momentum, das kürzliche Höchststände nach dem Höchststand im Januar von fast $5.600 testet. $XAU
Schlüsselfaktoren — Erhöhte sichere Zuflüsse aus dem U.S.-Iran Atomultimatum, tarifbezogenes Chaos und anhaltende Käufe der Zentralbanken. Dollarfluktuationen boten einen gewissen Ausgleich, aber die strukturelle Unterstützung durch Diversifizierungstrends bleibt robust.