Silver Forecast and strategy: Silver prices edged lower to settle at Rs 66,941 per kg on April 9 as participants trimmed their positions as seen by the open interest. The precious metal tumbled tracking stronger dollar and weakness in gold and industrial metals.
MCX Copper Tips for Today: Sell Copper Call Hit 692.70 To 689
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MCX Nickel Tips for Today: Sell Nickel Call Hit 1262 To 1250.90
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Gold Prices Today Fall After Jumping over ₹1,000 in 2 Days, Silver Drops
Gold Prices Today: Silver and gold prices today edged lower in Indian markets after seeing a steep rise over the past few days. MCX gold futures were down 0.1% to ₹46,793 per 10 gram while silver prices dropped 0.4% to ₹67,240. Over the previous two sessions, gold had risen over ₹1,000 per 10 gram. On MCX gold futures has support at ₹44,940 and resistance at ₹47,380, says Neal Bhai.
RBI Bond Buying Pledge Seen Only Giving Short-Term Market Relief
RBI Bond: The Reserve Bank of India’s pledge to buy as much as 1 trillion rupees ($13.4 billion) of bonds this quarter has sent a wave of relief through the sovereign debt market. However, some say the move may be insufficient in the face of the nation’s near-record borrowing plan.
MCX Zinc Tips: Enjoy or Not 217.50 To 230 [Premium Member Mint Money]
MCX Zinc Tips: Zinc yesterday settled up by 1.25% at 226.45 amid falling US dollar and US Treasury yields, and the International Monetary Fund raised its 2021 growth outlook for the global economy to 6%.
Gold Forecast and Analysis : Is Gold Prices up or down?
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