Gold Price Today| CreditSamadhaan.com News Desk | 21 June 2025
After showing signs of recovery in previous sessions, gold prices took a bearish turn on Friday’s intraday trading, slipping below crucial support levels and raising fresh concerns among investors and traders. The price of gold fell to $3,368.13 per ounce (as of 20 June, 23:55 UTC), influenced by a breakdown in short-term bullish momentum and heightened negative technical indicators.

This recent slide marks a notable deviation from the metal’s previous upward correction phase, where hopes of a sustained recovery were high. However, the break below the bullish correctional trendline, combined with a drop under the 50-day Exponential Moving Average (EMA50), has triggered caution across global markets.

What Triggered the Decline in Gold Prices? | Gold Price Today

The primary catalyst behind this move is a technical failure to maintain bullish structure on short-term charts. Over the last week, gold had been attempting to rebound after a prior correction. But this effort was undermined by increasing negative pressure, confirmed by:

• Bearish crossover signals on the RSI (Relative Strength Index)

• Breakdown below EMA50, which typically acts as a dynamic support

• Loss of upward trendline, indicating a shift from recovery to correction

These developments collectively point toward a weakening bullish case and hint at the beginning of a potential deeper retracement if support zones are not respected.

 RSI Suggests Momentum Is Shifting Bearish | Gold Price Today

One of the more telling signs of this downturn is the RSI’s movement, which not only exited its oversold territory but also flashed a negative overlapping signal—a classic indication of building bearish momentum. Traders often interpret this as a signal that the asset may face more downside in the immediate future, especially when not accompanied by reversal signals.

When combined with the technical break of the ascending trendline, these signals open the path for gold to test lower support zones—possibly around $3,340 and $3,320 in the coming sessions.

Key Technical Levels to Monitor

If these supports fail to hold, a more extensive correction could unfold, especially in the absence of any immediate bullish catalysts.

Market Sentiment: Is This a Temporary Pullback or Trend Reversal?| Gold Price Today

From a broader perspective, gold’s appeal remains supported by macroeconomic uncertainties, including inflation concerns, potential interest rate adjustments, and geopolitical tensions. However, technical indicators are currently outweighing fundamental optimism, at least in the short term.

Unless buyers return with strong volume and positive divergence appears on momentum indicators like the RSI or MACD, the bias remains tilted toward the downside.

This is not an uncommon phenomenon in commodity markets. Gold often undergoes healthy corrections even in long-term bullish environments. The current slide should be viewed in this context unless key support levels are decisively broken, which would then call for a re-evaluation of the medium-term trend.

What Could Impact Gold Prices Next?

Looking ahead, traders and investors should stay alert to:

• Global macroeconomic data releases (US inflation, job reports, etc.)

• Federal Reserve commentary on interest rates

• Geopolitical developments, particularly in the Middle East or Eastern Europe

• U.S. Dollar Index (DXY) movement, which typically has an inverse relationship with gold

Any shift in these indicators could potentially alter sentiment quickly, either reinforcing the bearish trend or sparking a bullish reversal.

Expert Take| Gold Price Today

“Gold has entered a short-term corrective phase. The breakdown from the bullish structure and negative RSI crossover are clear warning signs. However, as long as key support zones hold, we may still see consolidation or a potential bounce,”
— Rohit M., Senior Technical Analyst, CreditSamadhaan.com

Conclusion

The gold market is at a technical crossroads. While long-term fundamentals may still support the metal as a safe-haven asset, the short-term trend has turned bearish, and the next few trading sessions will be crucial in determining direction.

Investors are advised to stay cautious, monitor support zones closely, and wait for clear reversal signs before initiating new long positions.

Gold Price Today

🪙 Current Price: $3,368.13
📅 Date & Time: 20 June 2025, 23:55 PM UTC
📊 Trend: Short-term bearish
🔎 Outlook: Neutral to bearish unless reversal signals emerge

Disclaimer:

This market analysis is intended for informational purposes only and does not constitute financial advice. The views expressed are those of analysts at CreditSamadhaan.com and should not be construed as investment recommendations. Please consult your financial advisor before making any trading decisions.

June 20, 2025 | Gold price today | CreditSamadhaan.com Market Desk | Commodities & Geopolitical Insights

Gold (XAU/USD) continues to tread water beneath the critical $3,400 mark, caught between conflicting market forces of geopolitical anxiety and a surprisingly hawkish U.S. Federal Reserve. As investors await clarity on a potential military strike by the United States against Iran, the yellow metal finds both support and resistance in a tightly coiled range.

Market Snapshot: Fed’s Forecast and Global Uncertainty Stall Gold’s Advance

On Wednesday, the U.S. Federal Reserve chose to maintain its benchmark interest rate between 4.25% and 4.50% for a fourth consecutive policy meeting. However, the central bank surprised markets by raising its long-term interest rate projections—signaling an extended tightening cycle well into 2026 and 2027. According to the updated Summary of Economic Projections, the inflation targets have also been revised upward to 3.6% for 2026 and 3.4% for 2027, driven in part by inflationary pressures linked to renewed tariff policies under President Donald Trump’s administration.

This long-term hawkish tilt dampens the bullish momentum in gold. While gold typically performs well during high-inflation periods, it tends to struggle in high interest rate environments as it does not offer yield—making assets like U.S. Treasuries more attractive in comparison.

Geopolitical Risk: Gold Finds Support Amid Middle East Tensions | Gold price today

On the other side of the spectrum, heightened geopolitical tensions in the Middle East are providing a strong undercurrent of support for gold’s safe-haven appeal. The United States is reportedly weighing military action against Iran, with senior officials preparing for possible airstrikes in the coming days. This comes amid growing global concerns over Iran’s ongoing conflict with Israel and alleged nuclear ambitions.

Speaking to NBC News, President Trump issued a cryptic yet telling statement regarding the potential strike:

“I may do it. I may not do it.”

This ambiguity has stoked fear in the financial markets, prompting investors to hedge their bets with gold and other risk-off assets.

Technical Analysis: Ascending Triangle Signals Volatility Break Ahead

From a technical perspective, gold remains locked in a classic Ascending Triangle pattern on the daily chart—typically a bullish continuation formation. The pattern reflects a period of price compression, with horizontal resistance around $3,500 (April 22 high) and a rising trendline support stemming from the April 7 low of $2,957.

• Key Support: The 20-day Exponential Moving Average (EMA), currently hovering near $3,350, continues to act as a dynamic support level.

• Momentum Indicator: The 14-day Relative Strength Index (RSI) is struggling to surpass the 60.00 threshold. A decisive breakout above this level would likely signal renewed bullish momentum.

Upside Targets:

• A breakout above the $3,500 psychological barrier could send gold into uncharted territory, with potential resistance seen at $3,550 and $3,600.

Downside Risks:

• A breakdown below the May 29 low of $3,245 could expose gold to a deeper retracement toward $3,200, and if breached, the May 15 low of $3,121 becomes the next key support.

 What’s Next for Gold? | Gold price today

In the immediate term, traders are advised to monitor two key themes:

1. Geopolitical Developments: Any confirmation of U.S. military action against Iran could send gold prices soaring as demand for safe-haven assets intensifies.

2. Economic Commentary: Further statements from Fed officials regarding the long-term rate trajectory could sway sentiment in favor of the U.S. dollar, indirectly affecting gold.

Market Sentiment: Consolidation Now, Breakout Next?

Gold is currently consolidating—balancing fear and fundamentals. The next major move hinges on whether geopolitical sparks ignite or cooler monetary commentary from the Fed tempers inflation concerns.

Until then, the metal’s $3,350–$3,400 range may act as the primary battleground for bulls and bears alike.

 Editor’s Take: What This Means for Indian Investors| Gold price today

For Indian investors tracking global gold cues, volatility is opportunity. With rupee fluctuations and import duties also at play, local prices may not mirror international trends exactly but will broadly follow sentiment. Given the current mix of inflation fears and geopolitical tension, staggered buying on dips remains a prudent approach for long-term holders.

🔔 Stay tuned with CreditSamadhaan.com for real-time updates on global market trends, commodities analysis, and investment strategies tailored for Indian investors.

📌 Disclaimer: This article is for informational purposes only. The views and analysis are editorial interpretations based on available market data. Readers are advised to consult with certified financial advisors before making investment decisions. CreditSamadhaan.com is not liable for investment actions taken based on this content.

Stock market today | June 19, 2025 | CreditSamadhaan.com Market Desk | Market Watch

The Indian stock market is expected to open on a cautious yet energetic note today, with several key companies making headlines through major strategic moves, regulatory developments, and partnerships. Here’s a curated list of the top stocks likely to be in focus in Thursday’s trade:

Jio Financial Services: Strategic Stake Buyout

Jio Financial Services has made a strong move by acquiring 7.9 crore equity shares of Jio Payments Bank Limited (JPBL) from the State Bank of India for ₹104.54 crore. This deal signifies Reliance Group’s continued expansion in the fintech and banking sector, further consolidating its digital finance ecosystem.

Zydus Lifesciences: USFDA Inspection Ends on a Positive Note

Zydus Lifesciences has wrapped up an FDA inspection at its oncology injectable facility in Ahmedabad with only two minor observations — and importantly, no issues related to data integrity. This outcome is a positive signal for investors concerned about regulatory compliance and future U.S. exports.

Hero MotoCorp: Unveils VIDA Vx2 Electric Scooter

India’s two-wheeler giant has launched the Vida Vx2 electric scooter, backed by a game-changing Battery-as-a-Service (BaaS) model. With this launch, Hero continues to lead India’s EV evolution by making electric mobility more affordable and convenient for the masses.

Abbott India: Expands Diabetes Portfolio via MSD Partnership

In a major pharmaceutical tie-up, Abbott India has signed a distribution agreement with MSD Pharmaceuticals to bring Sitagliptin-based diabetes medications to Indian consumers. This move will enhance Abbott’s position in the fast-growing diabetes care market.

ESAF Small Finance Bank: NPA Portfolio Sale Approved

ESAF SFB is taking decisive steps to clean up its balance sheet. The bank has approved the sale of ₹735.18 crore worth of non-performing and written-off loans to an Asset Reconstruction Company (ARC). This will help reduce stress and improve overall asset quality.

Vodafone Idea: Satellite Broadband for Digital India

Vodafone Idea is betting big on the future of connectivity by partnering with AST SpaceMobile Inc. to launch direct-to-device satellite broadband in India. This revolutionary step aligns with the Digital India mission and aims to ensure nationwide mobile internet access, even in remote areas.

Tata Elxsi: Electric Vehicle Innovation Ahead | Stock market today

In a move to power India’s EV revolution, Tata Elxsi has entered an MoU with Infineon Technologies. The collaboration will focus on building India-specific EV solutions, marking a significant step in localized innovation and sustainable mobility.

Siemens Energy India: All Set for Listing Debut

Siemens Energy India Limited (SEIL) is officially set to begin trading on BSE and NSE from June 19, 2025. With both exchanges granting approval, the listing opens new investment avenues in India’s growing energy infrastructure sector.

HDFC Bank: Legal Twist in Leadership | Stock market today

HDFC Bank CEO Sashidhar Jagdishan has filed a plea in the Bombay High Court seeking dismissal of an FIR registered against him by the Lilavati Trust. While the matter is sub judice, investors may watch for any impact on sentiment related to leadership stability.

Aavas Financiers: Green Light for ₹200 Cr Fundraising

Aavas Financiers has received board approval to raise ₹200 crore through a private placement of non-convertible debentures (NCDs). The move is aimed at strengthening the company’s lending capacity and funding future growth.

🔍 Investor Takeaway | Stock market today

Today’s market may see stock-specific action driven by:

• Strategic acquisitions and partnerships (Jio Financial, Abbott, Vodafone Idea)

• Positive regulatory developments (Zydus, Siemens)

• EV and fintech momentum (Hero MotoCorp, Tata Elxsi)

• Balance sheet optimization (ESAF, Aavas)

• Leadership scrutiny (HDFC Bank)

Investors are advised to keep a close watch on these counters as they may offer short-term trading opportunities as well as long-term portfolio value.

📌 Stay Updated

For more real-time updates on India’s financial markets, expert stock analysis, and credit tips, follow CreditSamadhaan.com.

Disclaimer: This story is intended for educational and informational purposes only. The views and stock recommendations mentioned are those of individual analysts or brokerage firms, and do not reflect the views of CreditSamadhaan. We strongly advise investors to consult with certified financial advisors before making any investment decisions.

Silver Price Today| June 17|

In the ever-volatile world of commodities, silver (XAGUSD) is once again proving why it’s one of the most closely watched assets on global trading desks. After staging a powerful rally in early June, silver has entered a phase of tight consolidation just below its recent trend high. Traders and analysts alike are now looking for cues: is silver about to launch the next leg of its bullish journey toward $38.61, or will we see a tactical retreat before further gains?

All eyes are on price action, and the technical landscape is beginning to signal a potential breakout — one that could redefine short-term strategy for commodity bulls.

Technical Setup: Holding Strong Near the Trend High |Silver Price Today

Silver made headlines last Monday when it hit $36.89, marking a new trend high. Since then, it has hovered just below this level, consolidating in a narrow range and preparing for a possible continuation. The recent pullback to $35.46—a textbook support test—was met with renewed buying strength, producing a bullish hammer candlestick, a well-known reversal signal that often precedes strong upward moves.

This dip and rebound not only confirmed the short-term support level but also nearly completed the ABCD harmonic pattern, with an initial upside target at $37.05. The market’s behavior around this structure provides further confirmation that buyers are maintaining control.

Chart Patterns: Bull Flag or Pennant Suggests Upside Continuation

Technical traders are now closely monitoring the formation of a bull flag or pennant pattern—classic continuation patterns that typically emerge during mid-trend consolidations. These patterns represent a pause before the next impulsive move and often resolve in the direction of the prevailing trend.

➡️ Key Confirmation Zone:
To validate the bullish setup, silver must hold above the $35.46 support level. A decisive breach would weaken the current bullish case and shift attention to the next technical safety net.

 Key Support Levels: The Safety Net Below |Silver Price Today

If silver loses traction and slips below $35.46, analysts will be watching the $34.87 to $34.59 support band, which represents the top of the long-term base structure that silver broke out of just last week.

This zone is fortified by the 20-day moving average, which currently sits around $34.64. This convergence of horizontal support and a moving average line provides a layered defense zone for bulls seeking re-entry on a dip.

📌 Support Zones to Watch:

• $35.46 – Immediate swing support

• $34.87 to $34.59 – Major structural support (top of previous base)

• $34.64 – 20-day moving average support

Upside Targets: $38.61 Is Within Striking Distance |Silver Price Today

Should silver break convincingly above Friday’s high of $36.64, it will signal a renewed breakout attempt. A subsequent rally above the recent high at $36.89 would pave the way for the market to target the ABCD projection of $37.05 and eventually aim for the $38.46 to $38.61 zone.

Why does this level matter? Because the $38.61 zone is a technical confluence point, overlapping multiple Fibonacci retracement and extension levels, as well as past price congestion zones. Reaching this level would not only confirm the bull flag breakout but also suggest that silver’s medium-term trend is entering a new phase of strength.

Short-Term Risk, Long-Term Optimism

While near-term charts favor the bulls, traders should remain aware of potential risks. Silver’s recent breakout above a multi-week base is a strong signal of long-term bullish sentiment, but such breakouts are often followed by a healthy pullback or retest of the base level.

Such a move would not necessarily be bearish—it could represent a strategic opportunity for disciplined traders looking to enter on strength after a retracement. Pullbacks to the $34.59–$34.87 zone would thus be considered normal, and possibly beneficial for sustained upside momentum.

💡 Breakout Confirmation:
Last week’s weekly close above $34.87 is particularly important—it represents the first successful close above the base resistance and is being seen as a confirmation of a structural breakout.

Key Silver Price Levels to Monitor:

Analyst Insight: What Traders Should Watch

“Silver’s setup is a classic example of a breakout-followed-by-consolidation, which is exactly what you want to see in a healthy uptrend. Whether this consolidation resolves upward now, or after a mild dip, the structure favors further upside,” says Bruce Powers, Senior Technical Analyst at CreditSamadhaan.com.

With a clear roadmap now forming, silver traders would be wise to watch for a breakout above $36.89 as the signal that the market is primed to charge higher.

Risk Disclaimer:

Trading silver (XAGUSD) and other commodities involves substantial risk and may not be suitable for all investors. Price volatility, leverage, and geopolitical shifts can amplify both gains and losses. Always employ robust risk management, and consult with a qualified financial advisor before making any trading decisions.

Stay Informed. Stay Ahead.

For daily silver forecasts, commodity insights, and forex strategies, stay connected with CreditSamadhaan.com—your reliable source for market intelligence and strategic financial commentary.

SBI News | June 14, 2025 | CreditSamadhaan.com News Desk | 

In a decisive step aimed at boosting borrowing and economic momentum, the State Bank of India (SBI) — India’s largest public sector bank — has reduced its External Benchmark Lending Rate (EBLR) and home loan interest rates by 50 basis points (bps). This move, effective June 15, 2025, mirrors the RBI’s recent repo rate cut of 50 bps, underscoring a shift toward a more accommodative monetary environment.

This development comes as welcome news for millions of homebuyers, retail borrowers, and small business owners across the country. Amid rising concerns over affordability and slowing credit demand, SBI’s rate cut is expected to stimulate loan growth while making borrowing more attractive for consumers with healthy credit scores.

SBI’s Revised Lending & Deposit Rates: A Quick Snapshot | SBI News

According to revised data on SBI’s official website, home loan interest rates will now vary between 7.5% to 8.45%, depending on the borrower’s CIBIL score and risk category. A top SBI official confirmed,

“We have passed on the entire repo rate cut to our borrowers. This reaffirms our support for India’s credit growth and financial inclusion objectives.”

What Is EBLR and Why Is It Crucial for Borrowers?

The External Benchmark Lending Rate (EBLR) is the foundation upon which many loan products — including home, auto, and personal loans — are priced. Introduced in October 2019 by the RBI to increase transparency and transmission of policy rate changes, EBLR is directly linked to the RBI’s repo rate.

The final lending rate offered to the borrower =
EBLR + Credit Risk Premium (CRP) + Business Strategy Premium

• Credit Risk Premium (CRP): Based on borrower’s credit score and risk profile

• Business Strategy Premium: Internal policy pricing by the bank

Thus, a fall in the repo rate results in a directly proportional decline in EBLR-linked interest rates, making EMIs cheaper for borrowers holding floating-rate loans.

Impact on Home Loan Borrowers: Credit Score Matters More Than Ever | SBI News

The new rate structure rewards borrowers with excellent credit profiles. Here’s how it plays out:

Why this matters:
Borrowers with a strong credit history can save thousands of rupees in interest over the loan tenure. A reduction of 0.50% in interest on a ₹50 lakh loan for 20 years can lower your EMI by nearly ₹1,600/month — a saving of ₹3.8 lakh over the loan tenure.

Fixed Deposit Investors: Lower Yields Ahead

While borrowers celebrate, fixed deposit investors face a downside. SBI has trimmed the interest rate on its popular special deposit scheme (444 days) — known as Amrit Vrishti — by 25 basis points, bringing it down from 6.85% to 6.60%.

🔸 Standard domestic term deposits (below ₹3 crore) remain unchanged for now, but according to senior SBI executives, these rates are under review, indicating a possible downward revision in the near future.

Stock Market Response and Financial Sector Outlook | SBI News

On June 13, 2025, SBI’s stock closed at ₹792.35 on the BSE, down ₹13.60 (-1.69%). Analysts attribute this dip to investor concerns about shrinking Net Interest Margins (NIMs) in the coming quarters.

💬 CareEdge Ratings’ Insight:

• NIMs may decline by 20–25 bps in FY26, compared to FY25

• This is due to loan yields dropping faster than the cost of deposits

• Result: Short-term pressure on bank profitability, but long-term growth in loan demand

Expert Opinion from CreditSamadhaan.com

“SBI’s rate cut is timely and aligns perfectly with the RBI’s monetary easing. It not only strengthens access to affordable housing finance but also rewards financially disciplined borrowers. On the flip side, investors depending on fixed income from FDs should diversify their portfolios to hedge against future rate drops.”
– CreditSamadhaan.com Strategy Team

Key Takeaways for You | SBI News

✅ Lower EMIs starting June 15, 2025 for existing SBI home loan customers
✅ Affordable borrowing for new applicants with strong credit profiles
✅ CIBIL score continues to be the key to unlock best interest rates
✅ FD investors should prepare for further yield compression
✅ SBI maintains market leadership by full transmission of repo rate cut

What Should You Do Next?

🔹 Borrowers: Reassess your home loan — consider refinancing if you’re paying higher interest elsewhere.
🔹 FD Investors: Explore hybrid mutual funds, debt instruments, or tax-free bonds for better yield.
🔹 New Homebuyers: This is the ideal time to apply — combine low rates with festive offers ahead.
🔹 Credit-Conscious Citizens: Work on improving your credit score to qualify for premium rates.