Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.
Analysis
Technical Analysis helps identify trading opportunities using actions of Market Participants through charts, patterns, and indicators – Gold Silver Reports
Crude Oil Recovering Prices, Bulls Eye Output Cuts
Gold Silver Reports → Even as West Texas Intermediate futures once again approach $25 a barrel with the U.S. benchmark at its cheapest in more than 12 years, some investors have started betting on a rebound in hopes of crude oil production beginning to slow.
U.S. and Global Market Turmoil Causes Forecasters to Fed’s next move up
Gold Silver Reports → Economists are pushing back their calls for the next Federal↔Reserve interest↔rate hike in droves. Trouble overseas and uncertain economic conditions at home have helped move the median forecast to June from March.
India Managed GDP Growth in the 7% Range
Gold Silver Reports → A closer report at India’s impressive 7.3% real gross domestic product growth for the October-December quarter reveals a troubling reliance on urban consumption, casting doubt on the nation’s ability to drive global growth as China stumbles.
MCX Gold Silver Lifetime High & Low | सोने चांदी मैं अब तक की उच्चतम और न्यूनतम कीमतें क्या है
- Gold prices soared to touch a fresh lifetime high on the Multi Commodity Exchange (MCX) on Monday after banking crises in the US and Europe triggered a return to haven buying. The yellow metal price on MCX Hit lifetime high the ₹60,455-mark per 10 grams for the first time during Monday’s trade.
- MCX gold is expected to touch a fresh lifetime (all-time) high of Rs 65,000 per gram, while silver on MCX may hit Rs 90,000 per kg in year 2027.
- बुलियन व्यापारियों को लाभ बुक करने की सलाह और कोई नई खरीद करने से पहले सुधार की प्रतीक्षा करें।
Gold in international market
In international market, gold rose above $2,005 an ounce for the first time in more than a year.