Praveen Singh

Silver soars 98% YTD, rally likely to extend; here's how to trade

The white metal, at the time of writing this article, was changing hands at $57.14, down 2.3 per cent for the day as investors book profit after a stunning 8-day rally

Gold trades in a tight band with constructive bias; dip buying favoured

The yellow metal, at the time of writing this article, was trading at $4,213, up nearly 0.2 per cent for the day, even as the US yields firmed up

Gold outlook: Fed decision to dictate short-term moves in yellow metal

Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said

Silver price may remain volatile; buy the dips with target of ₹1,83,000/kg

Silver price outlook: The grey metal is expected to be highly volatile as risk assets fall, said Mirae Asset analyst. Dip buying is preferred over chasing the rally, he said

Gold prices may consolidate amid Fed rate cut uncertainity, high bond yield

Downside is expected to be limited on concerns about the US job market and expectations of Fed rate cut in December

Here's how to trade Silver on October 31; check resistance, support here

Silver holding well despite elevated yields and a firmer US Dollar is a positive sign. However, easing the silver lease rate has taken out the bullish sting to some extent

Trading Strategy: Here's how to trade Gold today; key levels to watch

Central banks continuing to buy gold at a brisk pace despite elevated gold prices underscores the importance of holding metal in the present, uncertain political, economic, and geopolitical times

Silver to trade between $47.80 and $50.50 in near-term, says analyst

In the short-term, however, further heightened volatility can not be ruled out, especially due to geopolitical factors and US CPI data

Long-term outlook remain intact for gold; analyst calls for higher prices

Sharp two-day decline in gold prices has made gold healthier as momentum-driven froth has largely subsided. Long-term fundamentals are intact and call for much higher prices

Gold outlook: Analyst suggests trading strategy ahead of Dhanteras

As gold is in an unchartered territory, it is difficult to forecast prices; however, a breach of $4,300 level will open a way to $4,500 (MCX December contract ₹1,36,000) a - a psychological resistance

Silver may trade with positive bias, yet extreme volatility likely: Analyst

London market tightness is expected to ease as silver starts flowing from New York. However, demand remains quite strong as reflected by huge ETF inflows

Silver trading strategy: Here's how to trade Silver today; check key levels

Huge surge in silver ETF inflows is the major driver of this stunning ongoing silver rally as Fed rate cut expectations boost investors' sentiments

Gold may dip on stronger dollar; support lies at ₹1,11,500-₹1,10,800 levels

Gold may correct lower on a firmer Dollar as Fed largely remains cautious on rate cuts going forward. However, downside is expected to be limited

Here's how to trade Silver on September 19; check resistance, support here

Spot silver closed with a loss of over 2 per cent at $41.67 MOz on September 17 as the US Dollar Index and bond yields spiked higher on the Fed Chair Powell's comments in his post FOMC presser

Gold outlook: Rate cut supports long-term upside; buy on dips, says analyst

Spot gold hit a new record high of $3,707 on September 17 as the US Federal Reserve cut the Fed Fund overnight rate by 25 bps to 4-4.25 per cent range and signalled two more rate cuts by the end of th

Silver trading strategy: Here's how to trade Silver today; key levels here

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, sees a weakening US labour market as a potential source of concern for the metal

Gold rally likely to have more upside; check strategy, target here

Gold outlook: The yellow metal is likely to rise to $3800 (Rs 115,000) in the coming months, with support at $3600, according to Praveen Singh

Silver outlook positive; ₹122,000 acts as key support, ₹131,000 next target

Silver outlook continues to remain constructive on rate cut expectations, huge ETF inflows, elevated geopolitical and economic risks. Strength in gold bodes well for silver.

Gold likely to remain firm; near-term support at $3,500, other levels here

Gold outlook: As the Fed Chair Powell's focus has shifted from inflation to the weakening US job market, the US monthly job report will be critical for gold for short-term trading.

Here's how to trade Silver on September 3; check resistance, support here

Strong ongoing rally in Chinese equities is mostly positive for the grey metal. CSI33 Index has rallied over 27 per cent from its April low.