The US non-farm payroll data later in the day could either make gold break the $1,800 level and start fresh momentum on the upside or make the intermediate top
The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic
Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.
Equity class has seen a massive sell-off and investors are looking for assets to sell not bothering to see which asset to sell but finding which assets they can sell.
Gold is positive but overbought in short term, so, do not to take a fresh long position from here but let it come around to Rs 42,550 for fresh long positions
For the second time, most of the analysts think silver should rally as silver is undervalued compared to other precious metals like gold, platinum, and palladium.
