Gold rose for the fifth consecutive trading session, coming close to testing a critical technical and psychological level near $1800. The bears are in no hurry to give up, foiling attempts by Gold and other precious metals to accelerate their growth. Also worth considering are headwinds such as a global monetary policy reversal.
Neal Bhai
MCX Weekly Research Report, 25 To 29 October 2021 | Neal Bhai
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Gold Inflation-Haven Appeal Means ‘Violent’ Run-Up May Be Ahead
One after another, commodities from aluminum to natural gas have surged as pandemic aftershocks rattle supply chains. Gold could be next, although for very different reasons.
Asian Paints Slips As Analysts Cut Target Prices After Q2 Miss
Shares of Asian Paints shed 3% in intraday trade to Rs 2,912.15 in early trade after analysts reduced their target prices following the paintmaker’s Q2 miss.
Silver Consolidated Below Six-week Tops | Neal Bhai Reports
Silver now seems to have entered a bullish consolidation phase and was seen oscillating in a range just below mid-$24.00s, or six-week tops touched earlier this Thursday.