Not just gold, silver too can make your portfolio outshine. Here’s why

Not just gold, silver too can make your portfolio outshine. Here’s why

Two weeks ago, I wrote about adding gold to your portfolio. This week it has surged to new all-time highs. Gold is not alone in its rally, it is likely to be joined by silver, too. Silver presents a compelling investment option in the present macroeconomic environment, a volatile and broadly overvalued equity market. This … Read more

Not just gold, silver too can make your portfolio outshine. Here’s why

Not just gold, silver too can make your portfolio outshine. Here’s why

Two weeks ago, I wrote about adding gold to your portfolio. This week it has surged to new all-time highs. Gold is not alone in its rally, it is likely to be joined by silver, too. Silver presents a compelling investment option in the present macroeconomic environment, a volatile and broadly overvalued equity market. This … Read more

Gold prices jump Rs 2,800 per 10 grams in 6 sessions. What should investors do now?

Gold prices jump Rs 2,800 per 10 grams in 6 sessions. What should investors do now?

Gold has turned dearer by more than Rs 2,800 per 10 grams led by a six-session rally. The yellow metal hit a fresh 52-week high of Rs 65,525 on Thursday, surpassing a key resistance level of Rs 65,500 within hours of its opening. The recent surge in yellow metal in the domestic and international markets … Read more

Learn with ETMarkets: How to decode movement in gold, silver through technical, fundamental analysis

Learn with ETMarkets: How to decode movement in gold, silver through technical, fundamental analysis

Navigating the ever-fluctuating world of precious metals like gold and silver requires a keen eye and a multi-pronged approach. While some traders swear by technical analysis, focusing solely on price charts and market sentiment, others prioritise fundamental analysis, delving into the underlying economic factors influencing prices. However, the most successful traders often adopt a holistic … Read more

Fed decisions to set short-term direction for gold prices

Fed decisions to set short-term direction for gold prices

Gold prices in the international and domestic markets suffered losses in the first two months of 2024. A strong US dollar, expectations of further delay in US Fed rate cuts, and a rally in global equities affected the sentiment surrounding the metal. The US Dollar has gained almost 3% since the start of January. Firm … Read more

Gold seized at Kochi airport

Gold seized at Kochi airport

Customs personnel at Cochin International Airport seized gold in capsule form, concealed in their person, from two passengers who arrived at the airport from Abu Dhabi and Dubai on Friday. The first, Moideen Sha from Kochi, was carrying 1076 gm of gold, and the other, Ashraf from Nenmara, 958 gm. Source link

Learn with ETMarkets: Reading price patterns in gold, silver via head & shoulders, double tops and bottoms

Learn with ETMarkets: Reading price patterns in gold, silver via head & shoulders, double tops and bottoms

In the realm of MCX Gold and Silver trading, understanding price patterns is crucial for informed decision-making. Three prominent patterns — heads & shoulders, double tops and double bottoms — offer valuable insights into potential price movements, aiding traders in navigating the dynamic precious metals market. Head & ShouldersThe head & shoulders pattern typically signals … Read more

All that glitters is not gold: CM and MLAs view after Medigadda barrage inspection

All that glitters is not gold: CM and MLAs view after Medigadda barrage inspection

February 13, 2024 10:15 pm | Updated 10:16 pm IST – MEDIGADDA (Bhupalpally district) A view of the cracks in Lakshmi Barrage, where some pillars of the barrage sank, in Ambatpally in Jayashankar Bhupalapally district on Tuesday. | Photo Credit: NAGARA GOPAL Though the Kaleshwaram project was projected as the best thing to happen in … Read more

Gold and silver prices today: Yellow metal languishes in early trade as dollar strengthens

Gold and silver prices today: Yellow metal languishes in early trade as dollar strengthens

Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 62,054 per 10 grams and hit an intraday low of Rs 61,814. In the international market, prices hovered around $2,020.99 per troy ounce. Meanwhile, silver opened at Rs 73,086 per kg and hit an intraday low of Rs 72,800 on the MCX. … Read more

Gold and silver prices today: Yellow metal rises 0.93% as safe-haven demand surges, while silver jumps 1.58%

Gold and silver prices today: Yellow metal rises 0.93% as safe-haven demand surges, while silver jumps 1.58%

Gold prices opened on the MCX on Monday at Rs 62,502 per 10 grams and hit an intraday low of Rs 62,502. In the international market, prices hovered around $2,047.90 per troy ounce. Meanwhile, silver opened at Rs 72,796 per kg and hit an intraday low of Rs 72,660 on the MCX. The price hovered … Read more