MCX Silver Weekly Outlook

MCX Silver: Key Price Levels to Watch in Intraday for Success in Trading

MCX Silver Tips: Trading in the commodity market, like MCX Silver, can feel overwhelming, especially for beginners. But don’t worry! By understanding key price levels, you can make smarter trading decisions. In this guide, we’ll break down the important price points for MCX Silver at ₹1,02,000 (upward movement) and ₹99,000 (downward movement) in simple, easy-to-understand language.

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PMI Data

Gold Price Forecast: What’s Next? PMI Data and Federal Reserve Moves

Investors are now focusing on upcoming PMI data, which shows how well businesses in the US and Europe are doing. The US PMI numbers, expected soon, will give clues about the health of the economy. If the data is weaker than expected, it could signal trouble for the US economy, pushing the Federal Reserve to cut interest rates. Lower interest rates typically weaken the dollar further and make gold more appealing.

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