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Gold price prediction today: What's the gold rate outlook for July 18, 2025; does a 'buy on dip' strategy make sense?

IndiaTimes Friday, 18 July 2025
Gold price prediction today: Gold prices exhibit resilience around key support levels, currently trading near ₹97,480. A cautiously optimistic tone prevails, bolstered by a bounce from critical moving averages. Technical indicators suggest stabilization, favoring a buy-on-dip strategy near ₹97,350 with a stop-loss at ₹96,800, targeting ₹97,800 and ₹98,200 if global sentiment remains supportive, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities:
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