Gold is predicted to consolidate with a bullish bias in the near-term as Fed Chair Warsh notes falling inflation and weaker-than-expected US jobs data. Upside may be capped by aggressive Fed rate hike pricing, though a reduced probability of year-end hikes supports gold. The metal could reach $4300.
Gold prices are seeing limited gains despite falling oil prices, as central banks signal potential rate hikes to combat inflation. Geopolitical developments, including US-Iran talks and Israeli-Lebanese deconfliction, are also influencing the market, alongside a strengthening US Dollar.
Mirae Asset Sharekhan recommends buying Delhivery, Lodha Developers, REC Ltd, and Indian Energy Exchange with specific price targets and stop losses. The Indian equity market closed higher on Monday, with the Sensex and Nifty 50 posting gains.
Gold prices may rise short-term as oil eases, but the US Federal Reserve meeting is crucial. A US-Iran deal on the Strait of Hormuz eased oil prices, boosting gold, though geopolitical details remain. India's gold imports fell due to duty hikes.
Mirae Asset Sharekhan's Somil Mehta recommends Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills for June 16, 2026, citing technical breakouts, positive momentum indicators, and strong support levels. Investor wealth surged Rs 18.15 lakh crore as markets rallied on cooling West Asia tensions.
Mirae Asset ShareKhan's Somil Mehta recommends Infosys as a top buy (target Rs 1270) and DLF and Cholamandalam Investment as sells. Technical analysis supports these recommendations.
Spot gold fell 3.7% to $4540 in the week ending May 15. Prices tumbled amid rising oil and dollar, with geopolitical tensions over Iran's sanctions waiver impacting market sentiment. Analysts suggest selling into rallies.
Mirae Asset's Somil Mehta recommends Bajaj Finserv and Tata Elxsi as top stocks to buy on May 19, 2026, citing technical indicators. TVS Motor Company is flagged as a sell.
Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan has picked Max Healthcare Institute, and Coal India as the top stocks to buy today (May 12, 2026). AU Small Finance Bank is a sell call from the analyst.
Gold price prediction today: Gold prices are expected to continue seeing volatility in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Stock market recommendations: While Lupin, and KEI Industries are recommended as buy calls by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, Bharat Forge, and Punjab National Bank are seen as sell calls for May 5, 2026:
Gold prices declined 0.75% to $4678 as oil surged due to stalled US-Iran talks, with daily Strait of Hormuz transits near zero. The yellow metal posted its first weekly loss in five weeks at 2.5%. Analysts warn of continued downside unless oil prices ease, with support at $4600. The FOMC is expected to signal a hawkish stance on April 29 amid rising inflation concerns from the Iran war.
Mirae Asset ShareKhan's Head of Retail Research Somil Mehta recommends buying Lupin (buy Rs 2324-2325, SL Rs 2204, target Rs 2470), Jio Financial Services (buy Rs 253-254, SL Rs 243, target Rs 267), and Adani Ports and Special Economic Zone (buy Rs 1628-1629, SL Rs 1555, target Rs 1720) as of April 28, 2026. All three stocks show bullish technical patterns with momentum indicators supporting upward movement.
Gold price prediction today: Gold prices are likely to take cues from the US Federal Reserve stance on rate cuts in the near future, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Mirae Asset ShareKhan's Somil Mehta recommends buying Grasim (Rs 2740-2760, SL Rs 2670, target Rs 2900), SBI (Rs 1100-1110, SL Rs 1040, target Rs 1230), and Navin Fluorine International (Rs 6440-6470, SL Rs 6200, target Rs 6900) as top stock picks for April 21, 2026.
