BUSINESS
Gold prices rise to Rs 48,217/10 gm on rupee downtick, US inflation data eyed; Silver cheaper by Rs 224
The broader range on COMEX could be between $1800-1840 and on the domestic front, prices could hover in the range of Rs 48,000- 48,500, said Damani.
BUSINESS
Muhurat Trading 2021| Gold price up Rs 571 to close at Rs 47,571/10 gm as BOE holds rates; silvers rises nearly 3%
The bullion metal has been trading lower than its 5, 20, 50, 100, and 200 days’ simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Gold prices dip to Rs 47,538 per 10 gm on firm rupee; silver slips by Rs 1,033
The gold-silver ratio stands at 75.24 to 1, which means 75.24 ounces of silver are required to buy an ounce of gold.
BUSINESS
Natural gas traded firm tracking positive global trend, warm weather
The momentum indicator Relative Strength Index (RSI) is at 51.61, which indicates a neutral trend in the price.
BUSINESS
Dhanteras 2021: India to see Rs 20,000 cr gold sales on firm demand; Experts see prices around Rs 52,000-53,000 by next Diwali
Gold has always been integral to festivals and celebrations in India, particularly so during Dhanteras and Diwali. We expect this Dhanteras and Diwali to be one of the best in recent years even when benchmarked to pre-covid seasons, said WGC India CEO Somasundaram PR.
BUSINESS
Dhanteras 2021: Buying gold during Diwali ideal way to mix tradition with financial acumen, says CapitalVia Global Research
Purohit of CapitalVia Global Research says Gold is regarded as an investment all around the world due to its long history and high value. It aids in the creation of wealth and helps to control and mitigate financial market risks and growing inflation.
BUSINESS
Dhanteras 2021: Invest in jewellery for happiness and asset building this festive season: Senco Gold CEO
Suvankar Sen of Senco Gold and Diamonds is hopeful of strong festive sales this year. He expects Diwali sales to be 15 percent higher than the pre-Covid level.
BUSINESS
Dhanteras 2021: Light jewellery in demand this Diwali: Malabar Gold & Diamonds chairman
Malabar Gold & Diamonds chairman MP Ahammed on the trends in gold demand, the festive season, what customers should know and more.
BUSINESS
Natural gas continues to stay firm after over 4% rise last week, money managers cut net long positions
The momentum indicator Relative Strength Index (RSI) is at 50.88, which indicates a sideways trend in the price.
BUSINESS
Gold prices slightly dip to Rs 47,975/10 gm on stronger rupee; Silver eases Rs 236 a kg
Patel expects gold prices to trade sideways to down with COMEX spot gold resistance at $1,810 and support at $1,785 per ounce. MCX Gold December support lies at Rs 47,700 and resistance at Rs 48,200 per 10 gram.
BUSINESS
Silver slides below Rs 65,000 on dollar uptick, weakness in gold, industrial metals
If MCX Silver for November trades below Rs 65,000, it could test the support zones at Rs 64,625-64,320 levels.
BUSINESS
Natural gas futures ease on muted global trend; technicals stay positive
The commodity has been trading higher than 20, 50, 100, and 200-day simple and exponential moving averages but lower than the 5-day SMA and EMA on the daily chart.
BUSINESS
Gold prices regain Rs 48,000/10 gm mark on safe-haven billing; silver up Rs 170 a kg
The gold-silver ratio stands at 74.24 to 1, which means 74.24 ounces of silver is required to buy an ounce of gold.
BUSINESS
Natural gas futures drop ahead of EIA inventory report amid muted global cues
Natural gas has been trading higher than 5, 20, 50, 100, and 200-day simple and exponential moving averages on the daily chart.
BUSINESS
Gold price dips to Rs 47,903 on profit-booking, silver declines Rs 879
The gold-silver ratio stands at 74.18 to 1, which means 74.18 ounces of silver is required to buy an ounce of gold
BUSINESS
Silver breaks below 100-DMA as prices fall under Rs 65,000/kg; may see further dip
Technically, COMEX Silver December resistances are at $24.520 and $24.953. Supports are at $23.790 and $23.493, said Iyer.
BUSINESS
Natural gas futures slip below Rs 450/mmBtu on tepid global cues
Natural gas has been trading higher than 5, 20, 50, 100, and 200-day simple and exponential moving averages on the daily chart.
BUSINESS
Gold prices flat at Rs 48,171/10 gm on firm rupee, weak global cues; silver slips Rs 200 a kg
HDFC Securities' Tapan Patel expects gold prices to trade sideways to down with COMEX spot gold resistance at $1810 and support at $1785 per ounce. MCX Gold December support lies at Rs. 47900 and resistance at Rs.48400 per 10 gram.
BUSINESS
Silver prices fall below Rs 66,000/kg on stronger rupee; weak global trend
Technically, MCX Silver December resistances are at Rs 66,700 and Rs 67,600. Supports are at Rs 65,700 and Rs 65,000, Iyer noted.
BUSINESS
Natural gas futures higher for 2nd straight day on firm demand; moving averages stay positive
Natural gas has been trading higher than 5, 20, 50, 100, and 200-day simple and exponential moving averages on the daily chart.
BUSINESS
Gold prices back above Rs 48,000 on safe-haven billing, rupee slips; silver up Rs 359
The gold-silver ratio stands at 73.32 to 1, which means 73.32 ounces of silver is required to buy an ounce of gold
BUSINESS
Silver prices near Rs 66,000/kg tracking firm trend in gold, industrial metals; faces resistance at Rs 66,300 level
Silver has been trading higher than the 5, 20, 50, and 100 days' simple moving averages but lower than 200-day moving averages on the daily chart.
BUSINESS
Natural gas futures climb over 6% on firm global trend, analysts say adopt buy on dips strategy
Ventura Securities' NS Ramaswamy advised his clients to buy MCX NATURAL GAS NOVEMBER in the range of Rs 395 to Rs 400 for the target of Rs 430-450 with a stop loss below Rs 380.
BUSINESS
Gold prices marginally dip to Rs 47,469/10 gm on global cues; silver touches Rs 65,000 a kg
Patel expects gold prices to trade sideways to up with COMEX spot gold resistance at $1800 and support at $1770 per ounce. MCX Gold December support lies at Rs. 47200 and resistance at Rs.47800 per 10 gram.
