In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,000 and Rs 47,050
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,100 and Rs 47,050
In the international market, gold was trading higher at USD 1,803 per ounce and silver was flat at USD 24.12 per ounce
In New Delhi, the price of 22-carat gold was marginally up at Rs 46,300 per 10 gm. In Chennai, it is trading at Rs 44,440
In the previous trade, the precious metal had settled at Rs 44,917 per 10 grams.
In New Delhi, the price of 22-carat gold was down at Rs 45,350 per 10 gm. In Chennai, it declined to Rs 43,570.
In New Delhi and Mumbai, the price stands at Rs 46,710 and Rs 46,660 per 10 gm of gold, respectively
Any breach below 1,340-1,350 would crash Nickel's prices till 1,300
The trend for aluminum has shifted from 'neutral' to 'positive'
In gold, fresh selling can commence below 46,800 levels while buying can commence above 47,300.
With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future
We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week
If prices gets lower around Rs 46,650 during Akshaya Tritiya 2021, we would recommend investors to buy
Gold prices got support from a weaker dollar as traders and investors are waiting for key US data, says Tapan Patel HDFC Securities, Senior Analyst (Commodities)
Gold has made double bottom around 44,150 and bounced back sharply
Range breakout for gold comes above 45,300
For Copper sellers to gain upperhand, they must breach the support of 668 levels
Another surprise build up in US inventory also helped the crude oil prices pushing down below 4,600 but overall trend still is bullish as there is no reversal pattern on daily chart
Any trend reversal for crude oil will only be validated below the 4,350 region
Exhaustion is being witnessed in Copper as on daily scale, there has been an emergence of 'Bearish Engulfing' candlestick pattern