Page 8 - Commodity Trading

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan

Here's how to trade Silver on November 08; Check resistance, support here

The Fed cutting rates despite citing strong growth will put the focus back on inflation. The US bonds are quite volatile. Yields are likely to spike again on growth expectations and deficit concerns

Will Trump's win in US election 2024 hurt Silver? Check strategy for today

Silver rate today: Silver is likely to do better than gold in the short-term in case Harris wins the presidential race

Silver prices today: White metal to stay volatile; eyes Rs 1,07,000 target

Silver rate: The metal is expected to be highly volatile and choppy as this week is packed with crucial data out of both China and the US, and the next week will be about the US presidential elections

Silver trading strategy: Support at Rs 95,000, resistance at Rs 98,800

Spot silver at the time of the MCX closing was trading at $33.67, down around 0.10 per cent on the day.

Silver rate today: White metal has resistance at Rs 1,06,000; strategy here

Silver rate today: Unless we see a sharp decline in gold or copper prices, silver is likely to trade with a bullish bias

Silver price falls on US job data and China stimulus; Should you buy dips?

Silver surged on disappointing US weekly jobless claims data, though hotter-than-expected US CPI inflation data led to a volatile session

Gold price today: Trading strategy for yellow metal ahead of China stimulus

If China's stimulus details prove to be convincing to investor community, it is highly likely that gold prices may come under increased downside pressure

Gold trading Strategy: Avoid large short positions; check key levels here

Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.

Silver strategy: Buy the dips; support at Rs 87,500, resistance at 91,500

Surging US Dollar Index and tumbling bond prices are acting as headwinds for the metal as the US rate cut pace has become somewhat uncertain in the short term. Dip buying is preferred.

Silver price today: Trend bearish; check key support, resistance levels

Silver price today: Silver prices crashed to their lowest level since September 19, on Tuesday, as commodities tumbled on multitude of bearish developments

How to trade Silver as Israel mulls another attack on Iran? Key levels here

The performance of the metal on Thursday has been encouraging as it managed to rise despite subdued gold prices and tumbling base metals

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024

UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)

Gold strategy: Yellow metal may extend its rally; Support at Rs 75,500

Gold hit a fresh record high of $2664 and closed with a hefty gain of 1.09 per cent at $2657.

Here's how to trade Silver on September 25; Check resistance, support here

On Tuesday, silver surged sharply higher on an unexpectedly huge stimulus package announced by China's Central Bank and the Chinese authorities.

Outsized 50-bps Fed rate cut positive for Silver; check trading strategy

Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18.

Crude Oil Strategy Today: Check target price, support & other key levels

With Israel looking to carry out its offensive against Hezbollah to the next level, traders will monitor the evolving situation in Middle East closely for possibility of disruptions to oil supplies.

How to trade Gold ahead of US Fed's policy move? Check trading strategy

Spot gold was trading with a loss of around 0.45 per cent at $2,570 at the time of the MCX closing. The MCX October gold contract closed at Rs 73,150 (LTP), down 0.49 per cent.

Silver Trading Strategy: 50bps cut could help Silver clear Rs 90,400 hurdle

Silver price outlook by Sharekhan: Silver has got many supporting factors to push it higher as the Fed begins slashing rates.

US Fed rate cut: MCX Gold eyes new high; Silver can zoom to Rs 1,00,000

Technical charts suggest that the bias for Gold is likely to remain positive as long as Rs 73,100 holds; while in case of Silver the bullish pivot stands at Rs 89,000.