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Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One Below "Quote on Silver" by Mr. Prathamesh Mallya, DVP Research, Non-Agro Commodities & Currency, Angel One Ltd.                                                    Silver price falls in recent weeks Silver prices in the international markets have fallen from highs of  $25/oz on 30th August to around $23 as on 8th Sep...
Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One
Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One
Source: Angel One Ltd
8/09/2023 5:54:56 PM
Silver likely to touch Rs 85,000 in next 12 months By Motilal Oswal Financial Services According to Motilal Oswal Financial Services Report, after experiencing significant gains in the first four months of 2023, silver encountered some volatility at higher price levels. After every major dip domestic silver price have been seeing a range shift on the higher side and MOFSL expects this trend to continue. MOFSL expects that the momentum in Silver is likely to continue, and could add another 15% over the next few quarters. MOFSL advises continuous accumulation at lowe...
Silver likely to touch Rs 85,000 in next 12 months By Motilal Oswal Financial Services
Silver likely to touch Rs 85,000 in next 12 months By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
7/09/2023 12:50:12 PM
Quote on Gold and Silver Gold and Silver short term bull are in act By Mr. Tejas Anil Shigrekar, Angel One Ltd Below the "Quote on Gold and Silver" by Mr. Tejas Anil Shigrekar, Commodities and Currencies Senior Technical Analyst, Angel One Ltd                                            Gold and Silver short term bull are in act The US dollar's recovery has been ongoing and impressive, gaining strength over the past month, fluctuating ...
Quote on Gold and Silver Gold and Silver short term bull are in act By Mr. Tejas Anil Shigrekar, Angel One Ltd
Quote on Gold and Silver Gold and Silver short term bull are in act By Mr. Tejas Anil Shigrekar, Angel One Ltd
Source: Angel One Ltd
24/08/2023 11:21:02 AM
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, HDFC securities Below the view on Weekly Gold, Silver By Mr. Anuj Gupta, Vice President, HDFC securities   Last week we saw that gold increased by 0.17% and closed at 59527 levels while Silver price corrected by 2.13% and closed at 72478 levels.  Safe haven demand due to Downgrade rating of US is providing suppprt to the gold prices however down grading rating to chine by Morgan Stanley putting pressure on Metals.  In international market gold is trading at $1942 per ounc...
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, HDFC securities
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, HDFC securities
Source: HDFC Securities Ltd
5/08/2023 12:04:12 PM
Weekly Outlook on Gold, Silver, Crude Oil, Copper And NCDEX Dhaniya By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold, Silver, Crude Oil And Base Metals Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities Last week we saw a range bound Trend in gold and silver prices, however at the starting of the week we gold tested 59884 levels, and silver tested 76674 levels.  We saw profit booking at the last trading day of the week and gold closed down by 0.06% at 59298 levels. Silver closed down by 1.37% at 74950 levels. The overall Trend of gold and silver are ...
Weekly Outlook on Gold, Silver, Crude Oil, Copper And NCDEX Dhaniya By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold, Silver, Crude Oil, Copper And NCDEX Dhaniya By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
22/07/2023 6:02:24 PM
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt After getting clear indications of lead, zinc and silver deposits near Bileta in Alwar's Raini tehsil, the state government has decided to get detailed exploration done from the Rajasthan State Mineral Exploration Trust. Under the leadership of Additional Director, Geology, Alok Jain, the officials showed samples of the spot to Director, Mines and Petroleum Sandesh Nayak on Thursday and expressed the possibility that there are abundant reserves of lead, zinc, and silver available in Al...
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt
Clear signs of lead, zinc, silver minerals` presence found in Rajasthan's Alwar belt
Source: IANS
21/07/2023 9:12:42 AM
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold, Silver By Mr. Anuj Gupta, Vice President, IIFL Securities   On the back of weakness in dollar all commodity market increased sharply. Safe haven demand against the dollar seen in the bullions. Last week gold increased by 0.92% and closed at 3 week's high level at 59,334 levels. Silver increased by 6.53% and closed two month high of 75,990 levels.  The trend of gold and silver are positive.  inflation data over the past ...
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
15/07/2023 11:55:24 AM
Weekly Outlook on Gold, Silver, And Dollar Index By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold, Silver, And Dollar Index Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities Gold may test 60000 levels and silver may test 72000 levels again Gold 58792 / $1925  Silver 71333 / $23.05 Dollar Index 101.95 Last week gold increased by 1.03% and closed at 59792 levels, Mcx Silver increased by 3.27% and closed at 71333 levels Dollar Index corrected by0.62% and closed at 2 week's low level at 101.92 levels. The dollar corrected ...
Weekly Outlook on Gold, Silver, And Dollar Index By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold, Silver, And Dollar Index By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
8/07/2023 10:53:58 AM
Weekly Outlook on Gold, Silver, Crude Oil And Base Metals By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold, Silver, Crude Oil And Base Metals Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities Gold / Silver Last week gold prices corrected sharply and closed with a negative note, however silver prices increased and closed with a positive note. MCX gold corrected by 0.21% and closed at 58175 levels, In the international market it is trading at $1919 levels per ounce. MCX Silver increased sharply by 2.84% and closed at 70020 levels. In the international...
Weekly Outlook on Gold, Silver, Crude Oil And Base Metals By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold, Silver, Crude Oil And Base Metals By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
2/07/2023 9:32:59 AM
Weekly Oulook : Gold, Silver, Crudeoil & Copper By Anuj Gupta, IIFL Securities Last week we observed a negative week for gold and silver. We saw the correction in gold and silver was due to the FOMC's statement on expectation to hike interest rates two times in the year. But at the last trading days of the week the ECB increased the interest rates and we observed a sharp recovery in gold and silver prices and on another hand the dollar index corrected below 5 week's low levels. Last week mcx gold prices corrected by 0.82% and closed at 59352 levels and in the...
Weekly Oulook : Gold, Silver, Crudeoil & Copper By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crudeoil & Copper By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
17/06/2023 6:55:20 PM
Gold hits three-month low as hawkish Fed remarks support dollar Gold prices fell to a three-month low on Thursday as hints of further interest rate hikes by the U.S. Federal Reserve bolstered the dollar. Spot gold fell 0.5% to $1,933.89 per ounce by 0235 GMT, hitting its lowest since March 17. U.S. gold futures dropped 1.2% to $1,945.70. The Fed, in new economic projections, signalled that a stronger-than-expected economy and a slower decline in inflation will result in a likely rise in borrowing costs by another half-a-percentage point by the end o...
Gold hits three-month low as hawkish Fed remarks support dollar
Gold hits three-month low as hawkish Fed remarks support dollar
Source: Reuters
15/06/2023 9:06:08 AM
Gold eases on stronger dollar, focus on central bank meetings -Gold prices dipped on Monday as the U.S. dollar edged higher, and investors positioned for a series of major central bank policy meetings this week, with a likely pause in interest rate hikes by the U.S. Federal Reserve. Spot gold fell 0.3% to $1,954.78 per ounce by 0235 GMT. U.S. gold futures fell 0.4% to $1,969.10. Markets in Australia were closed on Monday due to a public holiday. "While the Fed is expected to hold their interest rate, they are unlikely to deliver a dovish u...
Gold eases on stronger dollar, focus on central bank meetings
Gold eases on stronger dollar, focus on central bank meetings
Source: Reuters
12/06/2023 9:09:39 AM
Gold eyes best week in nearly 2 months on Fed pause hopes Gold was set on Friday for its biggest weekly gain in nearly two months, as hopes for a pause in the Federal Reserve's tightening campaign bolstered bullion's appeal amid progress on the U.S. debt-ceiling deal. Spot gold was flat at $1,978.74 per ounce, as of 0241 GMT. U.S. gold futures were also little changed, at $1,996.20. Bullion has gained 1.7% so far in the week, heading for its best week since the week ended April 7. Current gold market sentiment remains constructive, ...
Gold eyes best week in nearly 2 months on Fed pause hopes
Gold eyes best week in nearly 2 months on Fed pause hopes
Source: Reuters
2/06/2023 8:57:40 AM
Gold set for monthly drop as US debt agreement saps appeal  Gold prices eased on Wednesday, set for a monthly drop, as progress in the U.S. debt ceiling deal and expectations that the Federal Reserve will likely raise interest rates further eroded bullion's safe-haven status. Legislation brokered by U.S. President Joe Biden and House Speaker Kevin McCarthy to lift the $31.4 trillion debt ceiling and achieve new federal spending cuts passed an important hurdle, advancing to the full House of Representatives for debate and an expected vote ...
Gold set for monthly drop as US debt agreement saps appeal
Gold set for monthly drop as US debt agreement saps appeal
Source: Reuters
31/05/2023 9:15:00 AM
Weekly Oulook : Gold, Silver By Anuj Gupta, IIFL Securities Gold / Silver Last week we saw gold prices corrected by 1.67% in international market and on mcx it also corrected by 0.83% and closed at 60390 levels. Silver price also down by 0.49% while on mcx it increased by 0.34% and closed at 73350 levels. We have due to the step taken by RBI on Rs 2000/- currecny, the price of gold and silver on mcx increased by rs694 per 10 grams and rs1225 per kg respectively in the last trading trading of the week. However due to strength in dollar we sa...
Weekly Oulook : Gold, Silver By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
20/05/2023 1:47:38 PM
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry Below Perspective On Gold/silver prices at a record high By Mr. Colin Shah, MD, Kama Jewelry   “Gold prices have rallied nearly to record highs. Domestically, it has touched Rs 61,498/10 gm, with silver at Rs 77,500/kg. Internationally too, the precious metals are trading at record highs, with gold hitting $2080 and silver at $26, respectively. The rally in the prices of precious metals is largely due to the developments in the US-Fed meeting, the debt ceiling,...
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry
Gold prices have rallied nearly to record highs Says Mr. Colin Shah, MD, Kama Jewelry
Source: PR Agency
4/05/2023 5:08:58 PM
Gold, silver rally to 10% gains this year  Safe haven assets, especially gold and silver have seen a fantastic rally since the start of this year, positing 10 per cent year to date (YTD) gains, Motilal Oswal Financial Services said in a report. It probably is the year of safe havens, as along with global growth slowdown, geo-political uncertainties, there are also expectations regarding slower interest rate hikes which really is a positive scenario for gold prices, the report said. Demand and supply factors historically ha...
Gold, silver rally to 10% gains this year
Gold, silver rally to 10% gains this year
Source: IANS
20/04/2023 2:11:37 PM
Jeera trading range for the day is 39285-41225 - Kedia Advisory Gold Gold yesterday settled down by -0.25% at 60180 after Fed officials flagged the need for another interest rate hike. Fed Governor Christopher Waller and Atlanta Fed President Raphael Bostic suggested the Fed could hike by another 25 basis points (bp) next month. The CME FedWatch tool shows markets are pricing in an 86% chance of a 25 bp hike in May. The U.S. producer price index (PPI) fell by the most in nearly three years last month, coming a day after inflation data pointed to modera...
Jeera trading range for the day is 39285-41225 - Kedia Advisory
Jeera trading range for the day is 39285-41225 - Kedia Advisory
Source: Kedia Advisory
19/04/2023 11:00:51 AM
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Castor By Anuj Gupta, IIFL Securities MCX Gold & Silver As expected last week we witnessed a sharp rally in the Gold and Silver prices. MCX Gold prices touched the new record high of 61371 levels and MCX Silver touched the 32 month's high of 77549 levels. However on the last trading day of the week we saw profit booking and MCX Gold prices closed down by 0.28% and closed at 60348 levels. MCX Silver prices closed higher by 1.49% and closed at 75665 levels.  Fundamentally the trend of gold and silver are positive...
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Castor By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Castor By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
16/04/2023 10:57:49 AM
Investment and speculative demand take silver prices higher Increased investment and speculative demand are the reasons for silver's price increase and it is expected to continue, said an analyst. "Silver has outperformed gold in the last three weeks. Higher investment and speculative demand are the reasons for the price increase," Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities told IANS. He said the May futures price at MCX India was Rs 77,010/kg. "Silver is giving better returns than gold and hence investors...
Investment and speculative demand take silver prices higher
Investment and speculative demand take silver prices higher
Source: IANS
14/04/2023 4:30:33 PM
Turmeric trading range for the day is 6764-6908 - Kedia Advisory Gold Gold yesterday settled up by 0.2% at 60628 prompted by a falling dollar after the inflation report for the US surprised on the downside. The headline inflation eased to 5% compared to forecasts of 5.2% and the monthly rate increased 0.1%, half the market expectations. At the same time, core inflation edged higher to 5.6%, but was in line with forecasts. Investors still bet the Fed will deliver another 25bps hike next month but the softer inflation eased some concerns over the need of ...
Turmeric trading range for the day is 6764-6908 - Kedia Advisory
Turmeric trading range for the day is 6764-6908 - Kedia Advisory
Source: Kedia Advisory
13/04/2023 10:30:30 AM
Gold trading range for the day is 59626-60636 - Kedia Advisory Gold Gold yesterday settled down by -0.74% at 60063 as the dollar gained some ground after the US non-farm payrolls report pointed to a tight labor market and supported bets for another interest rate hike from the Federal Reserve in May. Data released showed that US non-farm payrolls increased by 236,000 jobs in March, coming in close to expectations of 239,000. The unemployment rate also fell to 3.5% despite forecasts that it would hold at 3.6%. Markets are now pricing in a 66% chance tha...
Gold trading range for the day is 59626-60636 - Kedia Advisory
Gold trading range for the day is 59626-60636 - Kedia Advisory
Source: Kedia Advisory
11/04/2023 9:12:41 AM
Gold advances on softer dollar as traders await US inflation data Gold prices rose on Tuesday after falling over 1% in the previous session, as the dollar eased while investors awaited this week's U.S. inflation data that could influence the Federal Reserve's monetary policy trajectory. Spot gold was up 0.4% at $1,997.69 per ounce, as of 0304 GMT. U.S. gold futures rose 0.4% to $2,012.30. The dollar index was 0.1% lower, making bullion cheaper for overseas buyers. [USD/] Traders are now focussing on the U.S. consumer price data due Wednesda...
Gold advances on softer dollar as traders await US inflation data
Gold advances on softer dollar as traders await US inflation data
Source: Reuters
11/04/2023 8:57:22 AM
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities Last week as expected we saw that gold and silver increased sharply. MCX Gold increased by 1.93% and closed at 60515 levels and made a new high of 61181 levels. MCX Silver also increased sharply by 3.25% and closed at 74554 levels. The trend of Gold and Silver are positive and we are expecting the same trend ahead. Technically Gold has a strong support at 60000 / 59500 ($2000 / $1970) levels while resistance at 61000 / 61500 ($2050 / $2075) levels. Silver has a strong support at 73000 / 7100...
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crudeoil, Copper, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
10/04/2023 10:16:55 AM
Weekly Outlook -Gold, Silver, Crude Oil, Copper ,USDINR & NCDEX Guarseed By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver, Crude Oil, copper ,USDINR & NCDEX Guarseed By Mr. Anuj Gupta, Vice President, IIFL Securities Gold / Silver Last week MCX gold prices closed on a flat note. It corrected by 0.71% and closed at 59591 levels, spot gold corrected by 0.42% and closed at $1968 levels. However we saw a sharp appreciation in MCX Silver prices. MCX Silver prices increased by 2.56% and closed at 72205 levels. Spot silver increased by 3.77% and closed...
Weekly Outlook -Gold, Silver, Crude Oil, Copper ,USDINR & NCDEX Guarseed By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook -Gold, Silver, Crude Oil, Copper ,USDINR & NCDEX Guarseed By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd.
1/04/2023 5:12:16 PM
Gold commentary 31 March 2023 by Mr. Navneet Damani, Motilal Oswal Financial Services Below is the daily gold commentary 19 April 2022 by Mr. Navneet Damani, VP – Commodities Research, Motilal Oswal Financial Services Gold  and silver price witnessed profit booking after gaining by more than 1%, on the back of steady dollar, while investors kept their eyes peeled for U.S. inflation data to gauge the Federal Reserve's next move. On data front, market participants were cautious ahead of the US final Q4 GDP data, which was reported at 2....
Gold commentary 31 March 2023 by Mr. Navneet Damani, Motilal Oswal Financial Services
Gold commentary 31 March 2023 by Mr. Navneet Damani, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
31/03/2023 4:11:32 PM
Gold set for best month since July 2020 on banking turbulence Gold prices edged up on Friday, en route to their best monthly performance since July 2020, as the recent banking system crisis led to expectations of a less-aggressive U.S. Federal Reserve, making bullion an attractive bet. Spot gold was up 0.1% at $1,981.59 per ounce, as of 0321 GMT. U.S. gold futures rose 0.1% to $1,982.00. Bullion was also set for a second consecutive quarterly gain, up 8.6% so far. The dollar was on track for a second consecutive quarterly loss, making bullion c...
Gold set for best month since July 2020 on banking turbulence
Gold set for best month since July 2020 on banking turbulence
Source: Reuters
31/03/2023 9:43:48 AM
Gold prices slip as fading banking jitters dampen demand Gold prices dropped on Wednesday as easing worries over a potential bigger fallout from the global banking crisis increased appetite for riskier assets and dampened demand for the safe-haven metal. Spot gold was trading 0.4% lower at $1,966.48 per ounce, as of 0356 GMT, after rising 1% on Tuesday. U.S. gold futures slipped 0.3% to $1,967.50. "We've seen a natural retracement ... gold is pulling back after a failed 'bid' to break above $1,975," said Matt Simpson, a ...
Gold prices slip as fading banking jitters dampen demand
Gold prices slip as fading banking jitters dampen demand
Source: Reuters
29/03/2023 10:05:45 AM
Weekly Oulook : Weekly Outlook Gold / Silver / Crude Oil / Copper / USDINR / NCDEX GUARSEED By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Weekly Outlook Gold / Silver / Crudeoil / Copper / USDINR / Turmeric By Mr. Anuj Gupta, Vice President, IIFL Securities As expected, last week MCX Gold prices increased from the lower levels and closed 0.71% high at 56130 levels. In the international market it increased by 0.60% and closed at $1867 levels. But on the other side MCX silver prices corrected sharply by 2.42% and closed at 62851 levels. In the international market it corrected sharp...
Weekly Oulook : Weekly Outlook Gold / Silver / Crude Oil / Copper / USDINR / NCDEX GUARSEED By Anuj Gupta, IIFL Securities
Weekly Oulook : Weekly Outlook Gold / Silver / Crude Oil / Copper / USDINR / NCDEX GUARSEED By Anuj Gupta, IIFL Securities
Source: IIFL securities Ltd
12/03/2023 4:47:52 PM
Weekly Oulook : Weekly Outlook Gold / Silver / Crudeoil / Copper / USDINR / Turmeric By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Weekly Outlook Gold / Silver / Crudeoil / Copper / USDINR / Turmeric By Mr. Anuj Gupta, Vice President, IIFL Securities Gold / Silver Last week, gold prices recovered from the oversold zone and closed on a positive note.  MCX Gold prices increased sharply by 0.54% and closed at 55737 levels, and in the international market it increased by 2.08% and closed at $1848 levels. However we saw a negative closing in the MCX Silver. It closed do...
Weekly Oulook : Weekly Outlook Gold / Silver / Crudeoil / Copper / USDINR / Turmeric By Anuj Gupta, IIFL Securities
Weekly Oulook : Weekly Outlook Gold / Silver / Crudeoil / Copper / USDINR / Turmeric By Anuj Gupta, IIFL Securities
Source: IIFL securities Ltd
5/03/2023 3:34:34 PM
Gold rises for third day on softer dollar; rate-hike fears linger Gold edged up for a third session on Wednesday as the dollar pulled back, although fears of more U.S. interest rate hikes on the back of stubbornly high inflation kept a lid on prices. Spot gold was up 0.1% at $1,829.37 per ounce, as of 0315 GMT. U.S. gold futures eased 0.1% to $1,835.30. "Gold is oversold over the near-term, having found support at its 200-day exponential moving average and the U.S. dollar is due a pullback against February's gains," said Matt Simpson, a ...
Gold rises for third day on softer dollar; rate-hike fears linger
Gold rises for third day on softer dollar; rate-hike fears linger
Source: Reuters
1/03/2023 9:13:38 AM
Weekly Oulook : Gold, Silver, Crude Oil, Copper ,USDINR & Guarseed By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver, Crude Oil, copper ,USDINR & Guarseed By Mr. Anuj Gupta, Vice President, IIFL Securities Last we gold and silver prices corrected sharply.  Last week mcx gold almost 1% and  closed at 55416 levels. In international market it corrected by almost 1% and closed at $1818 levels. international market gold  Silver prices was corrected more than 3% and closed at 63450 levels. In international market Silver breached the s...
Weekly Oulook : Gold, Silver, Crude Oil, Copper ,USDINR & Guarseed By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crude Oil, Copper ,USDINR & Guarseed By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
26/02/2023 10:48:55 AM
Weekly Oulook : Gold, Silver, Crude Oil, Base Metals, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver, Crude Oil, Base Metals, USDINR & NCDEX Jeera By Mr. Anuj Gupta, Vice President, IIFL Securities Gold Last week gold and silver prices corrected on the back of strength in the dollar and positive US data. FED was also signalled to increase interest rates in the upcoming FOMC meeting and may use hawkish stance in the policy. We have also seen the tension again escalating between Russia and Ukraine which may create geopoliti...
Weekly Oulook : Gold, Silver, Crude Oil, Base Metals, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crude Oil, Base Metals, USDINR & NCDEX Jeera By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
19/02/2023 12:01:57 PM
Weekly Oulook : Gold, Silver ,Crude Oil & USDINR By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver ,Crude Oil & USDINR By Mr. Anuj Gupta, Vice President, IIFL Securities Last week we Gold tested the new lifetime high of 58847 levels and in the international market it tested the 10 month high level of $1959.75 per ounce levels. MCX Silver has also tested the 11 month high levels of 71932 levels and in the international market it tested the 10 month high of 24.62 levels per ounce. In the last trading session of the week we have s...
Weekly Oulook : Gold, Silver ,Crude Oil & USDINR By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver ,Crude Oil & USDINR By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
4/02/2023 3:55:10 PM
Centre should reduce import duty on cut and polished diamonds: GJEPC The Gems and Jewellery Export Promotion Council (GJEPC) has very high expectations from the Union Budget 2023-24. It feels that if their demands are met it will boost the industry and create more employment. The GJEPC regional chairman Vijay Manguki told IANS that the council has submitted a memorandum to the Union Finance Ministry demanding reduction in import duty on cut and polished diamonds; the present duty is 5 percent, it needs to be brought down to 2.5 %. The same benefit should be...
Centre should reduce import duty on cut and polished diamonds: GJEPC
Centre should reduce import duty on cut and polished diamonds: GJEPC
Source: IANS
29/01/2023 10:19:24 AM
Weekly Oulook : Gold, Silver & Crude Oil By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver & Crude Oil By Mr. Anuj Gupta, Vice President, IIFL Securities Last week gold prices closed on a positive note. On MCX it closed 0.35% higher at 56875 levels and in the international market it closed on a flat note at $1827 levels. Silver prices closed on a flat to negative note down by 0.38% at 68331 levels. In the international market it closed down by 1.39% at $23.58 levels. We have witnessed consolidation in bullions after dat...
Weekly Oulook : Gold, Silver & Crude Oil By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver & Crude Oil By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
28/01/2023 5:25:31 PM
Gold dips on firm dollar as traders brace for U.S. data Gold prices eased on Thursday as the dollar firmed, while investors braced for U.S. economic data that could provide clues on the whether the Federal Reserve would further slow the pace of its interest rate hikes. Spot gold fell 0.5% to $1,936.97 per ounce by 0935 GMT, after earlier hitting its highest since April 2022 at$1,949.09. U.S. gold futures shed 0.3% to $1,937.20. The dollar index inched up, but was still near an eight-month low. [USD/] U.S. fourth-quarter GDP estimates due ...
Gold dips on firm dollar as traders brace for U.S. data
Gold dips on firm dollar as traders brace for U.S. data
Source: Reuters
26/01/2023 8:57:10 AM
Gold slides as dollar steadies, traders eye U.S. data Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter economic growth figures. Spot gold was down 0.6% to $1,925.02 per ounce at 1152 GMT, after hitting its highest since late April on Tuesday. U.S. gold futures dropped 0.5% to $1,926.30. The U.S. Commerce Department is expected to unveil its initial advance fourth-quarter GDP estimates on Thursday, which could set the tone ...
Gold slides as dollar steadies, traders eye U.S. data
Gold slides as dollar steadies, traders eye U.S. data
Source: Reuters
25/01/2023 6:54:11 PM
Gold prices march higher on slower Fed rate-hike bets  Gold prices advanced on Tuesday as the dollar's retreat amid expectations for a less-aggressive interest rate hike from the U.S. central bank made bullion a more attractive bet. Spot gold rose 0.3% to $1,937.00 per ounce by 1249 GMT. U.S. gold futures gained 0.5% to $1,938.10. The dollar index dipped 0.1%, making greenback-priced bullion cheaper for many buyers. Bullion has gained about $120 since the beginning of 2023, backed by expectations that the U.S. Federal Reserve m...
Gold prices march higher on slower Fed rate-hike bets
Gold prices march higher on slower Fed rate-hike bets
Source: Reuters
24/01/2023 6:56:32 PM
Weekly Oulook : Gold, Silver, Crude Oil & Copper By Anuj Gupta, IIFL Securities Below are Views on Weekly Oulook - Gold, Silver, Crude Oil & Copper By Mr. Anuj Gupta, Vice President, IIFL Securities As expected, last week gold prices increased sharply by 0.54% and made a lifetime high of 56,850 levels and closed at 56,674 levels. In the international market it test the 9 months high level of $1937 levels. However we saw corrections in silver prices. Silver prices corrected by 1.19% and closed at 68594 levels. In the international market silver prices cor...
Weekly Oulook : Gold, Silver, Crude Oil & Copper By Anuj Gupta, IIFL Securities
Weekly Oulook : Gold, Silver, Crude Oil & Copper By Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
22/01/2023 9:57:42 AM
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold and Silver Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities As expected we have seen that gold and silver again rallied this week. MCX Gold breached the previous lifetime high of 56191 levels and made a new lifetime high of 56260 levels. In the international market it is trading at 9 month levels at $1913 levels. MCX Silver is at 9 month high levels at 69150 levels and on the international market it is trading at $24.22 levels. Aft...
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold and Silver By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
14/01/2023 10:53:26 AM
Weekly Outlook on Gold, Silver and Crude Oil By Mr. Anuj Gupta, IIFL Securities Below are Views on Weekly Gold, Silver, Crude Oil Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities Last week we noticed a positive week for gold, however silver closed on a negative note. MCX Gold increased by 1.39% and closed at 55735 levels and in the international market it increased by 2.31% and closed at $1865 levels. MCX Silver prices corrected by 0.28% and closed at 69178 levels and in the international market it corrected by 0.62% and closed at 23.80 levels. We ha...
Weekly Outlook on Gold, Silver and Crude Oil By Mr. Anuj Gupta, IIFL Securities
Weekly Outlook on Gold, Silver and Crude Oil By Mr. Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
8/01/2023 9:55:57 AM
Gold climbs to six-month peak in thin trade ahead of Fed minutes   Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the U.S. Federal Reserve's latest policy meeting due this week. Spot gold was up 0.8% at $1,838.69 per ounce as of 0257 GMT. U.S. gold futures rose 1% to $1,843.90. The dollar index slipped 0.1%, making greenback-priced bullion more attractive for overseas buyers. "We're seeing a slight bid for gold and the $1,830 level appears to be a bit of a m...
Gold climbs to six-month peak in thin trade ahead of Fed minutes
Gold climbs to six-month peak in thin trade ahead of Fed minutes
Source: Reuters
3/01/2023 9:14:12 AM
Gold falls Rs 5; silver sheds Rs 332 Gold price fell by Rs 5 to Rs 55,124 per 10 gram in the national capital on Wednesday amid a fall in precious metal prices in overseas markets, according to HDFC Securities. In the previous trade, the yellow metal had settled at Rs 55,129 per 10 gram. Similarly, silver also slipped Rs 332 to Rs 70,048 per kilogram. "Comex gold price edged lower in the Asian trading hours due to an uptick in US Dollar," said an analyst at HDFC Securities. In the international market, gold was quot...
Gold falls Rs 5; silver sheds Rs 332
Gold falls Rs 5; silver sheds Rs 332
Source: Dion Global Solutions Ltd
29/12/2022 11:03:06 AM
Gold prices inch higher as U.S. dollar, yields slip Gold prices ticked up on Thursday as the U.S. dollar and Treasury yields eased, with market participants awaiting new indications on the Federal Reserve's rate hike plans. Spot gold was up 0.3% at $1,808.73 per ounce as of 0551 GMT, after dropping 1% in the last session. U.S. gold futures fell 0.1% to $1,814.70. The dollar index slipped 0.1%. A weaker greenback makes bullion more appealing to buyers holding other currencies. Benchmark U.S. 10-year Treasury yields eased after hitting...
Gold prices inch higher as U.S. dollar, yields slip
Gold prices inch higher as U.S. dollar, yields slip
Source: Reuters
29/12/2022 9:42:36 AM
Gold may test 58000 to 60,000 & Silver May test 75000 to 80,000 on MCX in the Year 2023 Says Says Anuj Gupta, IIFL Securities Below are Views on Commodity Market Outlook 2023 By Mr. Anuj Gupta, Vice President, IIFL Securities In the year 2022 we saw that the nifty almost touched near to 19000 levels at  18887 levels which is up by 3.37% from last year. Sensex touched the new record high of 63579.96 level which is up by 3.77% from the last year. In Spite of net outflow of FPI's we saw a positive trend in the indian indexes. thanks to the DII's who were the net buyers. Year 2022 was full of p...
Gold may test 58000 to 60,000 & Silver May test 75000 to 80,000 on MCX in the Year 2023 Says Says Anuj Gupta, IIFL Securities
Gold may test 58000 to 60,000 & Silver May test 75000 to 80,000 on MCX in the Year 2023 Says Says Anuj Gupta, IIFL Securities
Source: IIFL Securities Ltd
27/12/2022 12:55:01 PM
Both metals are following higher top higher bottom formations coupled with bullish candlestick patterns Says Anuj Gupta IIFL Securities Below are Views on Gold and Silver By Mr. Anuj Gupta, Vice President, IIFL Securities Gold may test 58000 to 60,000 ($2000 to $2200 and Silver May test 75000 to 80,000 ($28 to $30) on MCX in the Year 2023." In the calendar year 2022 we saw a recovery in Gold and silver in the fourth quarter.  Recovery comes from the demand from the central bank and also expectation of less hawkish instances in next year.  For the next year we are expecting that gold and silver may ri...
Both metals are following higher top higher bottom formations coupled with bullish candlestick patterns Says Anuj Gupta IIFL Securities
Both metals are following higher top higher bottom formations coupled with bullish candlestick patterns Says Anuj Gupta IIFL Securities
Source: IIFL Securities Ltd
26/12/2022 2:20:30 PM
For the next week gold has a support at 54100 and then 53700 levels, while resistance at 54800 and then 55000 levels Says Anuj Gupta IIFL Securities Below are Views on Weekly Gold, Silver, Crude Outlook By Mr. Anuj Gupta, Vice President, IIFL Securities As expected, Last week we observed that gold and silver again closed on a positive note. MCX Gold increased by 0.43% and closed at 54561 levels and on the Spot market it increased by 0.30% and closed at $1798 per ounce levels. MCX Silver increased sharply by 2.07% and closed at 69021 level and on the international market it increased by 2.11% and closed at $23.70 levels. Th...
For the next week gold has a support at 54100 and then 53700 levels, while resistance at 54800 and then 55000 levels Says Anuj Gupta IIFL Securities
For the next week gold has a support at 54100 and then 53700 levels, while resistance at 54800 and then 55000 levels Says Anuj Gupta IIFL Securities
Source: IIFL Securities Ltd
25/12/2022 9:59:18 AM