There’s one metal that’s leaving all commodities — and even Bitcoin — in the dust this year. The challenge for investors is buying it.
Gold Price Forecast: Big Break Awaits as Gold Goes Range
Gold Price Forecast: Q1 is not winding down in the way that many Gold bulls had imagined, myself included. For the past two weeks Gold prices have been stuck in a fairly consistent albeit relatively small trading range, spanning about 2% of Gold spot price as a couple of Fibonacci levels have helped to define this mean reversion.
MCX Crude Target Price – WTI Faces Rejection above $60
MCX Crude Target Price: Having failed to resist above the $60 level, WTI (futures on NYMEX) fell sharpy to $59.36 before recapturing the $59.50 threshold.
Kalyan Jewellers shares make dull debut, with investors appreciating risks
Kalyan Jewellers shares make dull debut: All that glitters is not gold. Kalyan Jewellers India Ltd’s initial public offering (IPO) is a case in point. The shares listed on the bourses today and traded about 10% lower than the issue price of Rs87 apiece on the National Stock Exchange at the time of writing this story.
Laxmi Organic Industries shares jump 50% in 2 days, IPO issue price
Shares of Laxmi Organic Industries shares extended gains to the second day after debuting on exchanges on Thursday. Today, Laxmi Organic shares rose as much as 18% to ₹194 as compared Day 1 closing price of ₹164.6. On Thursday, shares of the speciality chemicals manufacturer had finished with nearly 27% as compared to issue price of ₹130.
Crude Oil set for weekly loss in wild week with Suez ship still stuck
Crude Oil Futures in New York edged higher Friday but are still down more than 4% this week after U.S. coronavirus cases started to rise again and some European countries renewed lockdowns in a setback for the recovery.
Gold prices today fall, now close to one-year lows; silver rates drop
Gold prices today: Gold and silver prices today: declined in Indian markets, tracking softer global rates. On MCX, gold futures fell 0.23% to ₹44590 while silver edged lower to ₹64,840 per kg. In the previous session, gold fell 0.35% while silver declined 0.5%. Earlier this month, gold prices had dropped to nearly one-year lows of ₹44,150. After today’s fall, the precious metal is down about ₹11,500 from August highs of ₹56,200.