Indian gold market

Silver Spot : Still Too Volatile For Positions

Silver Spot : Mar. Silver is 2 cents higher at 24.01 down 35 cents for the week. The EU has kept rates unchanged and will continue it’s 500Billion Euro bond purchasing program through March 2022. However the Dollar reacts expect an opposite reaction in Silver., i.e., if the dollar goes lower silver should rally, if dollar rallies silver should break. Still too volatile for positions. I still to the Dollar as a proxy.

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MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai

MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai

Gold Silver Reports – The U.S. central bank slashed rates by 50 basis points, cutting rates outside the normal cycle of meetings for the first time since 2008. Speculation is rife that the European Central Bank will respond to the Fed’s “decisive” interest rate cut with easing of its own.

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Silver Forecast for 2023

MCX Silver Target : 2020 में चांदी होगी ₹54,000 —₹56,000 के पार

इस साल चांदी (Silver) में 23 फीसदी की तेजी दर्ज आ चुकी है. जानकार बताते हैं कि चांदी में अभी और तेजी देखने को मिलेगी और अगले 5-6 महीने में चांदी ₹54,000 — ₹56,000 रुपये/किलोग्राम के पार चली जाएगी.

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