Gold, Federal Reserve System and Silver futures
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Silver trades erratically early Thursday as the market tests key levels around $50 to $52. With decreasing volume, potential double-top risks, and conflicting signals, conditions remain volatile and favor a cautious,
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Gold & silver price prediction today: Gold may rally to Rs 1,29,000 level - here's the outlook
Gold and silver prices are exhibiting renewed strength and are expected to continue their bullish momentum. MCX Gold has broken above its consolidation zone, targeting 1,29,000, while silver is also showing a steady uptrend,
Silver may be viewed as something of a bridesmaid to gold in precious metal markets, seemingly overshadowed by its more talked about rival.
Silver trades choppily near the $50 area as traders weigh a potential double top against strong nearby support. A quick push higher is needed to restore confidence, with breaks of $50 or $47 posing increasingly severe downside risks.
The silver prices may bounce back to the $52-$53 levels and move towards next target of $58-62 per ounce (which roughly translates to Rs 1.81 lakh-Rs 1.93 lakh/kilogram), as per Emkay Wealth Management report released on Tuesday, November 18.
With the right strategy, precious metals can protect your portfolio heading into the new year. Here's what to know.
SLVP: Slightly Less Positive Silver Outlook Amid Longer-Spaced, Softer Fed Dovish (Rating Downgrade)
SLVP is downgraded from "Buy" to "Hold" due to a less optimistic outlook for silver prices and potential near-term downturns. SLVP's positive total return of +8.76% since the last analysis was driven by the impact of silver appreciation on the market value ...
Gold and silver prices experienced significant fluctuations in both domestic and international markets as investors responded to shifts in the US economic outlook and currency movements.