Commodity: A surge in energy and metal prices is offering investors a fresh reminder of how the commodities market can fuel inflation and imperil the post-pandemic economic recovery.
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GAIL, Petronet To Gain As India’s Gas Usage Spikes, Says HSBC
GAIL, Petronet To Gain As India’s Gas Usage Spikes — India’s city gas distributors will play a dominant role in improving the country’s demand for the cleaner fuel in the medium term even amid greater push towards electric vehicles and improved power supply, according to HSBC.
Gold MCX Tips Today Hit High 46677 | Neal Bhai MCX Guru
The gold (yellow metal) has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal’s price was stopped by the 1,765.00 level’s resistance.
Gold Price Could Remain Volatile in Range Between $1,742—$1,806
Gold price snapped its three-day recovery momentum and returned to the red on Wednesday, hurt by the US Federal Reserve’s (Fed) hawkish surprise and the renewed optimism over China Evergrande repayment story. In the early part of the day, gold remained in a consolidative mode in familiar ranges around $1778, in a typical pre-Fed caution trading.
Bharti Airtel Ltd Slips As Board Mulls Capital Raising Options
Shares of Bharti Airtel Ltd. declined nearly 3% to Rs 595.35 apiece after the company announced that it will consider various capital raising options on Sunday.
Silver Price Should Bounce Very Soon | Gold Silver Reports
Silver price has retested a historical support and is ready to follow up a long trade. We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.
Gold Price Shine Further Upside | Gold Silver Reports
Gold Price Shine Further Upside: USD is moving into some late stages of a higher degree Elliott Wave structure. We are also in the mid of the week when flows can change especially when you have the FED minutes.