{"id":18470,"date":"2026-08-31T07:14:03","date_gmt":"2026-08-31T07:14:03","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=18470"},"modified":"2026-08-31T07:14:03","modified_gmt":"2026-08-31T07:14:03","slug":"gold-price-prediction-today-where-are-gold-prices-headed-check-outlook-for-august-31-2026-week","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=18470","title":{"rendered":"Gold price prediction today: Where are gold prices headed? Check outlook for August 31, 2026 week"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133645143,imgsize-656777,width-400,height-225,resizemode-4\/gold-price-prediction.jpg\" alt=\"Gold price prediction today: Where are gold prices headed? Check outlook for August 31, 2026 week\" title=\"Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000.\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000.\">Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000.<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Gold price prediction<\/span><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\"> today: <\/span><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">The medium-term case for investment in gold remains intact, despite recent fall in prices, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.<\/span><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\"> Let&#8217;s take a look at his analysis and outlook:<\/span><span class=\"id-r-component br\" data-pos=\"5\"\/>Gold witnessed a sharp reversal last week, falling nearly 3% towards the end, posting its steepest weekly decline in several weeks after Fed Chair Warsh\u2019s first Jackson Hole speech reinforced the view that US monetary policy may remain restrictive for longer. Markets interpreted Warsh\u2019s remarks as distinctly hawkish after he emphasized that underlying inflation has not improved sufficiently and reiterated that restoring price stability remains the Federal Reserve\u2019s top priority.<span class=\"id-r-component br\" data-pos=\"9\"\/>As a result, expectations for a September rate hike increased significantly, with CME FedWatch showing the probability of a 25bps increase rising to around 57% from nearly 35% just a day earlier.<span class=\"id-r-component br\" data-pos=\"11\"\/>The shift in interest-rate expectations pushed US Treasury yields sharply higher, with the 10Y yield approaching 4.7%, while the US dollar recorded its strongest weekly gain in several weeks. The combination of higher yields and a stronger dollar reduced the appeal of non-yielding assets such as gold, triggering broad-based profit booking across precious metals.<span class=\"id-r-component br\" data-pos=\"14\"\/>Despite the correction, the broader medium-term investment case for gold remains supported by concerns surrounding rising US fiscal deficits, record government debt levels and ongoing Treasury market interventions, which continue to underpin the long-term \u201cdebasement trade.\u201d<span class=\"id-r-component br\" data-pos=\"16\"\/>Geopolitical risks also remain elevated following reports of Iranian attacks on US forces in Jordan, keeping safe-haven demand in the background. <!-- -->Looking ahead, investor focus will shift to upcoming US inflation and labor market data, which are expected to play a critical role in shaping expectations for the Federal Reserve\u2019s next policy decision and the near-term direction of gold prices.<span class=\"id-r-component br\" data-pos=\"20\"\/>Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000. The sharp pullback from the upper Bollinger Band indicates profit-booking after the strong upside move seen over the previous weeks.<span class=\"id-r-component br\" data-pos=\"23\"\/>Despite the recent decline, the broader trend remains constructive as prices continue to trade above the 20-day average, suggesting that the current weakness is more of a correction within an uptrend rather than a complete trend reversal. The Rs 154,000\u2013155,000 zone will remain crucial for determining whether buyers regain control or whether the correction deepens further.<span class=\"id-r-component br\" data-pos=\"25\"\/>From the Bollinger Bands perspective, the 20-day moving average is placed at Rs 155,197, while the upper band stands at Rs 165,769 and the lower band at Rs 144,624. <!-- -->Gold is currently trading slightly below the middle band, indicating weakening short-term momentum. A sustained move back above Rs 155,200 could improve sentiment and pave the way towards Rs 160,000 and Rs 165,800. However, failure to hold above current levels may keep pressure on prices in the near term.<span class=\"id-r-component br\" data-pos=\"30\"\/>Based on the recent swing low near Rs 140,000 and the recent high around Rs 166,000, the key Fibonacci retracement levels are placed near Rs 159,900 (23.6%), Rs 156,000 (38.2%), Rs 153,000 (50%), and Rs 150,000 (61.8%). <!-- -->The Rs 153,000\u2013150,000 zone is expected to provide strong support during the week.<span class=\"id-r-component br\" data-pos=\"34\"\/>Overall, the weekly bias remains neutral to mildly bullish. Holding above Rs 153,000\u2013150,000 could attract fresh buying interest, while a break below this zone may extend the correction towards Rs 145,000.<span class=\"id-r-component br\" data-pos=\"36\"\/><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)<\/span><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/gold-price-prediction-today-what-is-the-gold-rate-outlook-for-august-31-2026-week-should-you-buy-or-sell-mcx-gold-us-iran-war-middle-east\/articleshow\/133645041.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000. Gold price prediction today: The medium-term case for investment in gold remains intact, despite recent fall in prices, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let&#8217;s take a look at his [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-18470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Gold has entered a corrective phase after failing to sustain above the recent rally highs near Rs 163,000\u2013166,000. Gold price prediction today: The medium-term case for investment in gold remains intact, despite recent fall in prices, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let&#8217;s take a look at his [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1788160445_gold-price-prediction.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/18470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18470"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/18470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/18471"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}