gold prices: Fed rate cuts, their impact on gold prices, and key levels to monitor this week

gold prices: Fed rate cuts, their impact on gold prices, and key levels to monitor this week

What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more

gold price | silver price: Commodity Talk: Gold overbought, wait for corrections, says Jigar Pandit of Sharekhan

gold price | silver price: Commodity Talk: Gold overbought, wait for corrections, says Jigar Pandit of Sharekhan

As of now gold looks technically overbought, we advise investors to wait for correction, $2,100 and $2,088 is a good level to enter for higher targets, Jigar Pandit, Vice President at Sharekhan by BNP Paribas tells ETMarkets. He remains intact with a long term target of $2,400 for 2024. Gold seems to have found its … Read more