Pritam Kumar Patnaik

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Gold likely to shine; buy October Futures above Rs 38,400 with a stop loss of Rs 38,100

Traders can buy Gold October Futures above 38,400 with 38,100 as stop loss and target towards 38,800 can be expected.
'US-Iran tension, output cut pushing crude upwards; target Rs 4,300 for MCX Crude'

‘Geopolitics tension to keep crude oil prices higher in the near-term,’ says Pritam Kumar Patnaik, Head Commodities, Reliance Commodities
Aggressive buying by China, demand for jewellery in India fuel silver prices

Looking ahead, most of the investors now are expecting a rate cut by the US Fed sooner than later.

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Pritam Kumar Patnaik

Gold likely to shine; buy October Futures above Rs 38,400 with a stop loss of Rs 38,100

'US-Iran tension, output cut pushing crude upwards; target Rs 4,300 for MCX Crude'

Aggressive buying by China, demand for jewellery in India fuel silver prices