Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Commodities

| More

Gold - Feb 22, 2021 - Reliance Securities

Posted On: 2021-02-22 05:01:09 (Time Zone: Arizona, USA)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International gold prices are trading higher this Monday morning and early afternoon trade in Asia.

However, upside remained capped as benchmark U.S. Treasury yields climbed to a near one-year peak.

Prices found support as physical demand from India climbed last as prices crashed last week and lent support.

Meanwhile, as China returns from the Lunar New Year holiday demand from one of the largest consumers could also boost prices.

On the central bank front, Federal Reserve Chairman Jerome Powell will deliver the Fed's semi-annual monetary policy report to the Senate Banking Committee on Tuesday. Investors will be watching for any signs of concerns over higher long-term borrowing costs on Powell's part.

Technically, LBMA Gold Spot is trading on a positive note above $1790 levels indicating sideways to marginal upside momentum upto $1799-$1811. Support is at $1784-$1777 levels.

Domestic gold prices are also trading higher this Monday morning and early afternoon trade, tracking overseas prices.

However, upside was capped as the domestic unit appreciated significantly this Monday against the U.S. Dollar.

Technically, MCX Gold April is sustaining above 46200 indicating some upside movement upto 46500-46650 levels. Support is at 46200-46050 levels.

Disclaimer: The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained herein.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Crude Oil - March 8, 2021 - Reliance Securities

Base Metals - March 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - March 8, 2021 - Reliance Securities

Gold - March 8, 2021 - Reliance Securities

Crude Oil - March 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 5, 2021 - Reliance Securities

Silver - March 5, 2021 - Reliance Securities

Gold - March 5, 2021 - Reliance Securities

Mr. Hitesh Jain, Lead Analyst - Institutional Equities, YES SECURITIES on recent fall in gold prices

Copper - Reliance Securities - March 4, 2021

Crude Oil - March 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 4, 2021 - Reliance Securities

Silver - March 4, 2021 - Reliance Securities

Gold - March 4, 2021 - Reliance Securities

Copper - March 4, 2021 - Reliance Securities

Crude Oil - March 3, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 3, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 3, 2021 - Reliance Securities

Silver - March 3, 2021 - Reliance Securities

Gold - March 3, 2021 - Reliance Securities

Crude Oil - March 2, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 2, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 2, 2021 - Reliance Securities

Silver - March 2, 2021 - Reliance Securities

Gold - March 2, 2021 - Reliance Securities

Crude Oil - March 1, 2021 - Reliance Securities

Silver - March 1, 2021 - Reliance Securities

Gold - March 1, 2021 - Reliance Securities

Base Metals - March 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - March 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - March 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Feb 26, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Feb 26, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Feb 26, 2021 - Reliance Securities

Silver - Feb 26, 2021 - Reliance Securities

Gold - Feb 26, 2021 - Reliance Securities

Copper - Feb 26, 2021 - Reliance Securities

Crude Oil - Feb 25, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Feb 25, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - Feb 25, 2021 - Reliance Securities

Silver - Feb 25, 2021 - Reliance Securities

Gold - Feb 25, 2021 - Reliance Securities

Crude Oil - Feb 24, 2021 - Reliance Securities

Crude Oil - Feb 24, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - Feb 24, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - Feb 24, 2021 - Reliance Securities



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020