MCX Silver Trend Bullish: Gold prices are trading at 15 days high and are once again looking prime for fresh up moves till 53000. 51000 seems to be solid support for now and we are seeing buying emerging around that levels.Β
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MCX Weekly Research Report, 21 To 25 March 2022 By Neal Bhai [21-03-2022]
MCX Top 3 Commodities MCX Weekly Research Report, 21 to 21 March 2022, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
MCX Crude Oil Tips : Crude Sell Call All Target Achived, Profit 271 Point
MCX Crude Oil Tips : Crude Sell Call All Target Achived, Total 271 Points Book, Profit Rs. 27,100 Per Lot.
Gold Price Support at Rs 50900, Silver Remains Strong – Neal Bhai
Commodity prices traded mixed with bullion prices continued to soar on geopolitical risk and inflation worries while crude oil prices declined on eased supply worries.
Russian Gold Is Hit With De Facto Ban From Key London Market
Russian gold and silver: Londonβs gold market suspended all Russian refineries from its accredited list, meaning their newly minted bars can no longer trade in one of the worldβs most important bullion centers.
Gold Price Today: MCX Gold May hit Rs 53900, Buy on Dips [08-03-2022]
Gold Price Today, Gold Price Outlook, Gold Price Forecast:Β Gold prices in India were trading flat with a negative bias on Tuesday on the back of weak global cues. On Multi Commodity Exchange, gold April futures were trading flat at Rs 53,509 per 10 grams. Silver May futures were seen ruling at Rs 70,108 per kg, up Rs 70 on MCX. Globally, yellow metal prices slid from the key $2,000-per-ounce mark, as the U.S. dollar held firm near a multi-month peak, while palladium eased from record highs after investors took a breather as Russia-Ukraine talks hardly advanced, according to Reuters.
Geopolitical Risks, Amid Inflation, Is Gold Prices Ready For An Up Side Rally?
Gold prices is considered a hedge against inflation. Negative real interest rates can buoy demand for it. The yellow metal is also seen as a safe haven in times of geopolitical stress. And central banks see the benefits of it when fiat currencies in their reserves are volatile.