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Gold price prediction today: Gold prices may continue to be under pressure in the near term and high volatility is expected in silver prices, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices: Source link
Gold price today: Gold continued to trade in red on Monday, extending losses on the Multi Commodity Exchange (MCX), triggering lower circuit limits as investors rushed to book profits. Gold prices slumped by 6%, shedding nearly Rs 9,700 per 10 grams on MCX. The decline marked the third consecutive day of losses for gold futures,…
Gold price prediction: Technically, the trend still remains positive, however RMS selling and profit booking has changed the behaviour and structure of the chart. (AI image) Gold price prediction today: Gold prices will continue to be volatile and range bound in the near future, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial…
The budget has announced a major overhaul in the taxation of share buybacks, shifting them from dividend taxation to the capital gains framework, while imposing a higher effective tax on promoters to curb misuse of the route. Once legislated, it will apply to buy backs after April 1.The silver linings: Many shareholders could end up…
Several factors led to the sudden crash in the prices of the precious metals. (AI image) Trillions wiped out – gold and silver prices crash globally – the headlines from the commodity market on Friday described the volatile nature of the commodity market. Gold and silver have been on a record breaking spree for several…
Gold and silver prices plunged sharply on Friday, with investors rushing to book profits after recent record highs. On the Multi Commodity Exchange (MCX), silver futures for March delivery fell 16.97 per cent, or Rs 67,891, to Rs 3,32,002 per kilogram, marking one of the steepest single-day declines in recent months. Gold futures for February…
Lower highs and lower lows on the intraday chart confirm a short-term bearish trend. (AI image) Gold price prediction today: Gold prices are exhibiting weakness on an intraday basis, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He shares the intraday strategy for investors of gold and key levels to watch…
Silver and gold extended their glittering rallies on Thursday, hitting record levels on the Multi Commodity Exchange (MCX) as investors flocked to safe-haven assets amid ongoing geopolitcal tensions. For the first time in MCX history, silver jumped past Rs 4 lakh per kg, while gold futures moved within striking distance of Rs 1.8 lakh per…
Gold prices surged to fresh lifetime highs on Wednesday as a sharp fall in the US dollar and renewed geopolitical tensions drove strong safe-haven demand, while silver extended its record-breaking rally in futures trade.On the Multi Commodity Exchange (MCX), gold futures for the February contract rose Rs 4,730, or 3 per cent, to touch a…
Gold price prediction today: Gold and silver prices are likely to hit fresh highs in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook for gold and silver prices in the coming days: Source link
