Given the Syrian crisis, crude has the potential to escalate to USD 118-120 per barrel very shortly, Priti Gupta of Anand Rathi Commodities told CNBC-TV18.
We expect gold and silver to be bearish for the coming week and therefore advice clients to stay on the short side, commodity market expert, Priti Gupta, Anand Rathi Commodities said.
Silver is more volatile than gold therefore any movement in silver prices is always magnified. If FOMC is hawkish about their policy move, then one can expect prices to correct further.
Priti Gupta, Director of Anand Rathi Commodities expects some correction in gold. She has a buy call on gold as well as silver.
In an interview to CNBC-TV18, Priti Gupta, Director at Anand Rathi Commodities shared the outlook on commodities market.
In an interview to CNBC-TV18, commodity market expert, Priti Gupta, Director of Anand Rathi Commodities shared her outlook on the market and precious metals - gold and silver.
Priti Gupta, Director at Anand Rathi Commodities recommends buy on gold and sell on copper.
Priti Gupta, Director at Anand Rathi Commodities expects a slight rebound in gold based on short coverings aided by the depreciating rupee. She suggests buying MCX Gold at Rs 29,700 per 10gm with a stop loss of Rs 29,658 per 10gm and an initial target of Rs 29,800 per 10gm followed by Rs 29,900 per 10gm.
Priti Gupta, Director at Anand Rathi Commodities advises to sell on gold and buy on crude.
Both gold and silver have been growing strong in the couple of sessions. Priti Gupta, Director, Anand Rathi Commodities is expecting gold to be in the range of USD 1625 - USD 1675 per ounce.
At the opening of commodities there was some strength seen in silver and gold too opened up in the green. In an interview to CNBC-TV18 Priti Gupta, director, Anand Rathi Commodities shared her reading and outlook on commodities like gold, silver and copper.
It hasn‘t been a great year-end close for many of the commodities. In an interview to CNBC-TV18, Priti Gupta of Anand Rathi Commodities gives her strategies to trade gold, crude and copper.
Silver had a fairly steep correction but today there is a bounce back in both gold and silver. Priti Gupta, director, Anand Rathi Commodities in an intervieew to CNBC-TV18 suggests buying silver at Rs 57,000/kg.
In an interview to CNBC-TV18, Priti Gupta, Director, Anand Rathi Commodities said that silver is likely to consolidate today, after a big fall yesterday.
With the BSE Sensex and NSE Nifty seeing tough times after the rupee touched all-time lows of 54.32 a dollar today, it has been a trying time for the stock as well as equity markets. In an interview with CNBC-TV18, Priti Gupta of Anand Rathi Commodities and Tarang Bhanushali of IIFL share their trading strategies in trying times