🪙 Gold Moves – 17 June 2025 📉 Dip After All-Time High

Gold surged to a record ₹101,078 per 10g earlier this week. Today, August futures on

eased to ₹98,940/10 g (down ~₹2,138 from the peak). Retail prices softened across Indian metros: • 24K at ₹10,037/g (−₹114), • 22K at ₹9,200/g (−₹105), • 18K at ₹7,528/g (−₹86). 🌍 Why the Pullback? Profit-booking after the sharp rally. Traders waiting on FOMC meeting outcomes and US Fed commentary. Safe‑haven bids lifted by Iran–Israel tensions, though recent ceasefire hopes eased domestic prices. 🔍 Outlook & Strategy Analysts say the broader bullish trend remains intact—this dip could be a buying opportunity. Key technical zones to watch: • Support near ₹98,500–₹99,000/10 g, • Potential rebound towards fresh highs if global volatility persists.