01-01-1970 12:00 AM | Source: Angel Broking Ltd
Last week gold prices increased 0.90% By Anuj Gupta, Angel Broking
Below are Views On Last week gold prices increased 0.90% By Mr. Anuj Gupta- DVP- Commodities and Currencies Research, Angel Broking Ltd
Last week gold prices increased 0.90% and closed at 49140 levels and silver prices also increased sharply by 2.90% and closed at 66642 levels. The expectation of Stimulus package for US economy by new elected President Joe Biden. Weakness in Dollar is supportive for the Gold and Silver.
As of today Traders can go for buy in Gold at 49000 levels with the stop loss of 48700 levels for the target of 49700 levels. They can also for buy in Silver at 66500 levels with the stop loss of 65900 levels for the target of 68500 levels. We are expecting that gold may test $1900 levels and Silver may test $27 levels again soon.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Buy Copper Above 843 SL. BELOW 838 TGT 849/853 - Axi...
Evening Roundup : A Daily Report on Bullion Energy &...
India cenbank cannot let its inflation guard down ju...
Archer Aviation aims to start electric air taxi tria...
Indian insurance industry in FY24: Non-life grew by ...
FIIs stood as net sellers in equities as per April 1...
India's Wheat Dilemma: Record Sales Deplete Stocks t...
Indian Life insurers end FY2023-24 on a high; post 1...
Daily Market Commentary : Nifty opened gap down on t...
Daily Market Analysis : Markets remained choppy for ...
Tag News
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One
More News
Outlook on Crude Oil By Mr. Mahesh Kumar, Abans Group
Perspective on Crude Oil and Gold commentary By Mr. Navneet Damani, Motilal Oswal Financial Services
Weekly Basemetal Update :We expect copper to trade lower towards 669 levels by Mr. Saish Sandeep Sawant Dessai, Angel One
Comment on SEBI guidelines for Silver ETF By Mr. Chirag Mehta, Quantum Mutual Fund