MCX Gold Price to Trade Sideways: MCX Bullion prices ended higher, reporting the first weekly gain in the last four weeks supported by dollar decline and safe haven buying. The traders and investors weighed on the dollar dragging down from 20 year highs over inflation worries and slowdown fears.
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MCX Crude Oil Blast, I Told You Buy 1000—500 lots, 6612 to 6739
MCX Crude Oil Blast, I Told You Buy 1000—500 lots 6612 to 6739 MCX Crude Oil Trading Tips: 👉 👉👉 Crude Oil Trading Tips: Trade With …
Gold Price Forecast Today: MCX Gold Trading Zone at Rs 50250—50950, Keep Eyes on ECB Monetary Policy
Gold Price Forecast Today: Gold gains ahead of the ECB meeting policy today where a 75bps rate hike is expected. Dollar index rally was overstretched and yesterday we saw some pullback in the safe haven currency and US 10 yr Treasury yield. This helped in all asset classes gaining some momentum on the upside including gold.
Cotton Prices Trend Forecast: Expected Big Downward Start
Cotton Prices Trend Forecast: With early sown cotton-selling commencing in mandis in cotton-growing states including Gujarat, prices of the fibre in the domestic market have slipped below Rs 90,000 per candy (356 kg per candy) from over Rs1 lakh per candy in a span of a fortnight.
MCX Silver Price Forecast: As Expected Silver Hit All Tatget 53,666
MCX Silver Price Forecast: Fears surrounding the global economic slowdown, led by China’s covid woes and geopolitical tussles surrounding Europe, seem to weigh on the silver price. Also exerting downside pressure are the hawkish Fedspeak and firmer US data that underpin the market’s hopes of the Fed’s aggression towards raising rates despite recession fears.
MCX Gold Price Forecast: As Expected Gold Hit Full Tatget 50,587
MCX Gold Price Forecast: Although the yellow metal faces significant downside risks, it also benefits from tailwinds including recession risk, a price-responsive physical market, already scaled-back positioning and elevated inflation.
Silver Price Forecast: Silver Hits New multi-month low, August 11.4% Fall
Silver Price Forecast: Spot silver entered new month firmly in red and hit new lowest in over two-years on Thursday, in extension of August’s 11.4% fall (the biggest monthly loss since September 2020).