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Gold recorded one of the sharpest weekly losses in recent years in the last week. (AI image) Gold price prediction today: Gold prices are likely to see movement based on inflation projections and rate cut expectations, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi Shares and Stock Brokers.Gold recorded one of the…
The trajectory of bullion prices could depend on the duration & intensity of the conflict as global investors reassess risk exposure. (AI image) Gold price prediction today: Gold prices have been stuck in a range for some time now and developments on the US-Iran front will determine trajectory, says Maneesh Sharma, AVP – Commodities &…
The ongoing conflict in the Middle East could pose short-term challenges for the Indian economy by pushing up oil prices and disrupting trade flows, though the country’s long-term growth trajectory is unlikely to be significantly affected, according to Nagesh Kumar, an external member of the Reserve Bank of India’s Monetary Policy Committee (MPC).In an emailed…
Gold price prediction today: Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan is of the view that the gold price rally looks overextended. What’s the outlook for gold prices in the coming days? Here’s what he has to say: Source link
NEW DELHI: The India-US trade deal is unlikely to lead to a near-term reduction in India’s imports of Russian crude oil, with supplies to be stopped from sanctioned entities such as Rosneft and Lukoil.While govt is yet to comment on US President Donald Trump’s claim that India will stop Russian crude purchases, officials pointed out…
Gold price prediction today: Praveen Singh of Mirae Asset Sharekhan is of the view that gold and silver prices may continue to rise, though he adds that the risk appetite in global markets is improving. Here’s his outlook on gold and silver prices: Source link
Gold may test the resistance at $4550. Dip buying is the favoured strategy. (AI image) Gold price prediction today: Gold prices are expected to continue their rally as demand for safe haven assets picks up, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold…
Gold may reach all-time high of $4381 in near-term. Support is at $4160/$4100. Intermediate resistance is at $4245/$4300. (AI image) Gold price prediction: Gold prices are likely to rise in the near-term, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. The analyst shares his views on gold and silver…
Indian economy (AI image) Moody’s, the global credit rating agency, has retained India’s rating at Baa3 for both local and foreign-currency issuer categories, as well as its local-currency senior unsecured rating. Moody’s has kept a stable outlook on India’s ratings.The stable outlook and rating confirmation indicate India’s continuing credit advantages, including its substantial and rapidly…
A strong rally in domestic gold prices could continue to push up imports, which could weigh on India’s current account balance on a long run unless offset by strong exports elsewhere. (AI image) Gold price prediction: Gold prices may correct but the downside would be limited, and the bull run is expected to continue, says…
