Several factors led to the sudden crash in the prices of the precious metals. (AI image) Trillions wiped out – gold and silver prices crash globally – the headlines from the commodity market on Friday described the volatile nature of the commodity market. Gold and silver have been on a record breaking spree for several…
Lower highs and lower lows on the intraday chart confirm a short-term bearish trend. (AI image) Gold price prediction today: Gold prices are exhibiting weakness on an intraday basis, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He shares the intraday strategy for investors of gold and key levels to watch…
Mumbai: Silver, the precious metal that has been witnessing an unprecedented rally for over two years, on Thursday breached above the Rs 4-lakh/kg price level for the first time in history as geopolitical tensions kept international prices of the white metal on the boil.Gold, the more precious of the two, which is also witnessing a…
Considering the risks involved, buyers are urged to exercise caution and to put suitable stoploss. (AI image) Gold price prediction today: Gold prices are touching new record highs due to heightened geopolitical tensions, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold Performance: In…
Gold price prediction: From a weekly perspective, the 139,000 level remains a key support area, marking the lower boundary of the consolidation range. (AI image) Gold and silver price prediction: Gold and silver prices are expected to continue hitting new highs, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares…
Gold price prediction today: Gold prices are poised for a rise, supported by a weak rupee and a dovish Federal Reserve. Despite some volatility, the yellow metal found strength from the Fed’s rate cut and bond-buying plans. Source link
In the very short-term, gold is expected to test the strong resistance around $4160. (AI image) Gold price prediction: Gold prices are rallying again on the hopes of US Federal Reserve rate cut expectations, and China’s gold buying. However, Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan recommends buying the…