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.

Harga emas melonjak kuat hari ini, didorong oleh permintaan safe-haven yang baru di tengah ketegangan geopolitik yang meningkat (terutama isu AS-Iran) dan ketidakpastian makro yang terus berlanjut, mendorong harga emas spot dengan tegas di atas $5,100 per ons.
Harga Spot Global — Diperdagangkan sekitar $5,105–$5,120 per ons (naik ~2,2–2,3% intraday). Ini mengikuti rebound dari penurunan pertengahan Februari, dengan momentum baru menguji puncak terbaru setelah puncak Januari dekat $5,600. $XAU
Penggerak Utama — Aliran safe-haven yang meningkat akibat ultimatum nuklir AS-Iran, kekacauan terkait tarif, dan pembelian bank sentral yang terus berlanjut. Fluktuasi dolar memberikan beberapa kompensasi, tetapi dukungan struktural dari tren diversifikasi tetap kuat.