Gold Price Prediction for Tomorrow, Tuesday 4 August 2026: MCX Gold at Rs 1,41,850 as Falling Dollar Supports and Iran Talks Temper Safe-Haven Demand
- August 3, 2026
- Posted by: Kunal Singla
- Category: News
MCX Gold Monday: Rs 1,41,850/10g (+Rs 339, +0.24%). COMEX Gold: $4,062/troy oz. Day range: Rs 1,41,511-1,42,025. Support Rs 1,41,000. Resistance Rs 1,43,000.
The gold price prediction for tomorrow for Tuesday 4 August 2026 is shaped by a historic macro event on Monday: US President Trump confirmed Iran-US peace negotiations, sending Brent crude crashing over 6 percent to $82 and lifting Nifty 50 by 228 points or 0.94 percent to 24,611.50, its first close above 24,600 in six weeks. MCX Gold gained 0.24 percent Monday as a falling US dollar provided support even while Iran-US peace talks reduced the geopolitical safe-haven premium. COMEX Gold at $4,062 per troy oz reflects a market where the US Fed rate-hold narrative, a softening dollar, and structural central bank buying have kept gold near all-time highs. The gold price prediction for tomorrow balances dollar weakness tailwinds against the Iran-driven reduction in risk-off demand. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the full gold price prediction for tomorrow covering technical levels, key triggers and three stocks to watch.
Click Here – Get Free Investment Predictions
Monday Session Data Behind the Gold Price Prediction For Tomorrow
| Indicator | Monday | Change |
|---|---|---|
| Primary Level | Rs 1,41,850 per 10g | +Rs 339 (+0.24%) |
| Day Range | Rs 1,41,511 to Rs 1,42,025 | Session high/low |
| Nifty 50 | 24,611.50 | +228 pts (+0.94%) |
| Bank Nifty | 57,507.80 | +531 pts (+0.93%) |
| India VIX | 11.55 | -4.9% (multi-month low) |
| FII Cash (provisional) | +Rs 918 Cr | Net Buyers |
Technical Levels for the Gold Price Prediction For Tomorrow
| Level | Zone |
|---|---|
| Immediate Support | Rs 1,41,000 |
| Support 2 | Rs 1,40,000-1,40,500 |
| Strong Support | Rs 1,38,500 (200 DMA) |
| Immediate Resistance | Rs 1,43,000 |
| Key Resistance | Rs 1,44,500-1,46,600 |
Ankit Jaiswal notes that the gold price prediction for tomorrow rests on the immediate support at Rs 1,41,000 holding during Tuesday’s session. Monday’s close near the session high for most assets confirms buyers were in control into the 3:30 PM bell, a strong quality signal for the gold price prediction for tomorrow. Kunal Singla adds that India VIX at 11.55, its lowest in several months, reduces the probability of a large gap-down reversal, providing a constructive technical environment for the gold price prediction for tomorrow.
Key Factors for the Gold Price Prediction For Tomorrow
- COMEX Gold at $4,062 per troy oz gained 0.46 percent Monday on dollar weakness. The US Federal Reserve held rates unchanged at its last meeting with markets pricing a 65 percent probability of a September hike, which sets the ceiling for the gold price prediction for tomorrow.
- Iran-US peace talks reduced the geopolitical safe-haven premium for gold. Ankit Jaiswal notes this is the primary near-term headwind in the gold price prediction for tomorrow, offset by the falling dollar.
- The Gold-Silver Ratio at approximately 86 signals relative silver undervaluation but confirms gold’s near-term holding pattern in the gold price prediction for tomorrow.
Stocks to Watch in the Gold Price Prediction For Tomorrow
Univest analysts have flagged three stocks for educational observation in the gold price prediction for tomorrow. These are not buy recommendations.
1. Titan: Trading near Rs 3,785 on Monday. Ankit Jaiswal flags entry zone Rs 3,762-3,780, target Rs 3,858, stop loss Rs 3,735. Titan’s jewellery division benefits from stable gold prices. It is the primary domestic equity expression of the gold price prediction for tomorrow.
2. Kalyan Jewellers: Trading near Rs 392 on Monday. Kunal Singla flags entry zone Rs 386-392, target Rs 412, stop loss Rs 378. Kalyan Jewellers expands its retail franchise regardless of gold price direction, making it a volume growth proxy for the gold price prediction for tomorrow.
3. Muthoot Finance: Trading near Rs 1,862 on Monday. Ankit Jaiswal flags entry zone Rs 1,848-1,858, target Rs 1,912, stop loss Rs 1,825. Muthoot Finance’s gold loan AUM grows when gold prices are stable or rising, linking its stock directly to the gold price prediction for tomorrow.
Use the Univest Screener to Find Strong Stocks for Tomorrow’s Session
Gold Price Prediction For Tomorrow: Trading Strategy
- Track COMEX Gold before MCX opens. A COMEX reading above $4,075 supports the upside in the gold price prediction for tomorrow.
- Rs 1,41,000 is the buy-on-dips level for the gold price prediction for tomorrow. Positions above this are valid with a trailing stop.
- Rs 1,43,000 is the first booking level. Kunal Singla recommends taking 50 percent profits at this level in the gold price prediction for tomorrow.
- Monitor Iran talks and dollar index overnight as the two biggest binary variables for the gold price prediction for tomorrow.
Risks to the Gold Price Prediction For Tomorrow
- Iran talks progress reducing safe-haven demand and capping gold below Rs 1,43,000 in the gold price prediction for tomorrow.
- US dollar recovery overnight creating headwinds for COMEX Gold and the gold price prediction for tomorrow.
- Fed hawkish signals from US officials pushing September hike bets higher and pressuring gold in the gold price prediction for tomorrow.
Conclusion
The gold price prediction for tomorrow for Tuesday 4 August 2026 shows +Rs 339 (+0.24%) to Rs 1,41,850 per 10g on Monday, with India VIX at a multi-month low of 11.55 and FII returning to net buying at Rs 918 crore. Ankit Jaiswal of Univest identifies Rs 1,43,000 as the key resistance for the gold price prediction for tomorrow while Kunal Singla considers Rs 1,41,000 the most important support to watch Tuesday. Check GIFT Nifty at 9 AM IST, monitor Iran diplomatic updates overnight, and track Bharti Airtel and ONGC Q1 FY27 results in the first hour as the three most critical real-time inputs for the gold price prediction for tomorrow.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before investing. Investments are subject to market risk. Educational content only, not investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App for live market data and daily research from SEBI registered analysts.
FAQs on Gold Price Prediction For Tomorrow
What is the gold price prediction for tomorrow, Tuesday 4 August 2026?
Ans. The gold price prediction for tomorrow is cautiously bullish. MCX Gold closed Monday at Rs 1,41,850 per 10g, up Rs 339 or 0.24 percent. Support is at Rs 1,41,000 and resistance at Rs 1,43,000. Iran-US peace talks temper safe-haven demand while a weaker dollar provides support in the gold price prediction for tomorrow.
Which analysts have prepared the gold price prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have prepared the gold price prediction for tomorrow covering MCX Gold levels, COMEX correlation, and domestic demand signals.
What is MCX Gold support and resistance for the gold price prediction for tomorrow?
Ans. Support is at Rs 1,41,000 and Rs 1,40,000-1,40,500. The 200 DMA at Rs 1,38,500 is the medium-term floor. Resistance is Rs 1,43,000 and Rs 1,44,500-1,46,600 in the gold price prediction for tomorrow.
How do Iran-US talks affect the gold price prediction for tomorrow?
Ans. Iran peace talks reduce geopolitical safe-haven demand, which is mildly bearish for gold. However the associated dollar weakening partially offsets this. The net impact on the gold price prediction for tomorrow is a range-bound session between Rs 1,41,000 and Rs 1,43,000.
What stocks are linked to the gold price prediction for tomorrow?
Ans. Titan (jewellery), Kalyan Jewellers (retail gold), and Muthoot Finance (gold loans) are the three stocks with direct linkage to the gold price prediction for tomorrow.
