DAILY BULLION REPORT — 9TH JUNE 2026
FUNDAMENTALS FOR THE DAY
5.45 pm — ADP Non Farm weekly Employment Change
6.00 pm — Trade Balance
7.30 pm — Existing Home Sales | Final Wholesale Inventories m/m
GOLD (MCX Gold Aug 2026 — GOLD-05Aug2026-FUT)
O: 1,54,695 | H: 1,55,400 | L: 1,54,281 | LTP: 1,54,890
Range: 155300 – 152900
Our Preference: Sell Gold @ 155300 for target 153000 with SL 155800
Alternative Scenario: Buy Gold @ 155300 for target 156700 with SL 154800
(Buy only activate after above SL Cross)
Trading Zone
156700 Last sell for the Week
SILVER (MCX Silver 3rd Jul 2026 — SILVER-03Jul2026-FUT)
O: 2,44,066 | H: 2,47,688 | L: 2,44,000 | LTP: 2,47,084
Range: 250000 – 240000
Our Preference: Sell Silver @ 250000 for target 240000 with SL 253000
Alternative Scenario: Buy Silver @ 251000 for target 257000 with SL 248500
(Buy only apply for cross above STOP LOSS)
Trading Zone
258000 Last sell for the Day
MARKET COMMENTARY
XAUUSD (Spot): $4,336.14 | H: $4,356 | 1H Trend: Bearish | USD/INR: ₹95.34
XAGUSD (Spot): $68.44 | H: $68.49 | 1H Trend: Bullish
Gold trading below its Ichimoku 9-period average on the 1H — bearish bias intact, resistance near $4,356. MCX futures premium over COMEX spot at ~Rs.22,000.
Silver showing relative strength, up +1.22% on the day with bullish momentum on 1H. Price still below sell level of 2,50,000 — watch US session data for breakout trigger.
LATEST NEWS
No fresh escalation reported overnight. Middle East tensions remain elevated but contained. USD steady ahead of tonight’s US data. Fed speakers post-ADP may move metals — hawkish tone will pressure Gold and Silver in the US session.
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This report is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any commodity. Trading in commodities involves substantial risk of loss — please consult a registered financial advisor before taking any position.
