Regardless of minor pullback, gold bulls have close to technical benefit, an analyst mentioned Gold Value Right now, Gold Value Outlook, Gold Value Forecast: Gold costs fell in India on Wednesday on the again of muted worldwide developments, the place yellow metallic retreated from a 5-month excessive on rise in bond yields. On MCX, gold
Indian rupee
Till the time rupee doesn’t break the 73.50 to 73.70 zone, the view remains bullish By Amit Pabari While flipping a coin in the sky, your expectation built up strongly in favour of either ‘Head’ or ‘Tail’. And if the outcome goes in your favour then definitely for the next time you build up more
Apart from RBI’s activeness more in bond and now less in FX, other economic and political events could drive momentum in Rupee By Amit Pabari When expectation doesn’t meet reality then the market reacts unexpectedly. The same happened this week when RBI came up against the market’s hawkish tone expectation as given below. Related News
Some profit-booking has been observed in the gold prices on the back rising US Treasury yields Gold and silver prices in India gained marginally on Tuesday, due to a weaker rupee against the US dollar. On MCX, gold June futures were trading Rs 14 or 0.03 per cent up at Rs 46,433 per 10 grams