Precious metals recovered strongly last week. Gold ($ 3,238/ounce) and silver ($ 32.3/ounce) fired 6.6 percent and 9.1 percent respectively.Similarly, in the domestic market, gold futures (₹ 93,745/10 gm) and silver futures (₹ 94.286/kg) won 6.4 percent and 8.1 percent respectively last week.MCX-Gold (₹ 93,745)Gold Futures (June) opened last week on the weak foot and fell to make a minimum of ₹ 86,710 on Monday. But then, there was a sudden wave of positivity that raised the contract.He exceeded the previous peak and marked a new record of ₹ 93,940 on Friday. The price action shows a strong impulse and,…
Author: Jessica Brown
The notorious paramilitary group of Sudan launched a two -day attack in hunger camps for displaced people who left more than 100 dead, including 20 children and nine aid workers, in the Darfur region, a UN official said on Saturday.The rapid support forces and the allied militias launched an offensive in the fields of Zamzam and Abu Shorouk and the nearby city of El-Fafasher, the provincial capital of the province of Northern Darfur, said the Humanitarian and resident coordinator of the UN in Sudan Clementine Nweta Salam.The-Fafasher is under the control of the military, who has fought against the RSF…
Can I buy Samvardhana Motherson International now in the long term? What is the perspective?Sophia, KochiSamvardhana Motherson International (₹ 118.10): The action is in a bearish trend since October last year. The bearish trend is still intact. There is space for a greater fall of ₹ 100-90, an important long-term support zone. A fall beyond ₹ 90 is less likely. So, after this fall, a new rally leg is possible. This new ray of the support zone of ₹ 100-90 can gain impulse in a subsequent increase above ₹ 150. That in turn can take the stock to ₹ 250…
The intervention follows a breakdown in the conversations between the United Kingdom government and the Chinese owner of British Steel, Jingye Group.The United Kingdom Government has effective control or British steel tasks to keep their underfrees in operation, after legislators approved an emergency rescue. With 3,500 jobs in balance, British ministers rushed to boost legislation on Saturday to allow the State to temporarily assume operational control. The intervention follows a breakdown in the conversations between the United Kingdom government and the Chinese owner of British Steel, Jingye Group, on the plans to make the company’s transition to the most ecological…
The dollar index was demolished last week. In fact, it fell below the psychological brand or 100 on Friday to reach 99.01, the lowest level since July 2023. However, it has managed to return from this minimum and close the week with 100.10. The ongoing tariff war, the expectation of more rates cuts in the United States Federal Reserve is weighing on the backback. Dollar perspectiveThe fall below 100.50 in the dollar index (100.10) is very significant. This week’s price action will be very important. A strong and sustained ascent is needed above 100.5 to relieve the downward pressure. Only…
People buy from an Apple store at Grand Central Station in New York on April 4, 2025.Michael M. Santiago | Getty imagesAlthough the pause of the president of the United States, Donald Trump, in many of his “reciprocal tariffs” has given some companies and investors, the largest company in the United States, AppleHe hasn’t been so lucky. The technological giant based in Cupertino depends on the supply chains in China, which has been its levels only for disasters, with the accumulated rate rate of the United States in Chinese products that are now found in 145%.Therefore, although the commercial situation…
I have tasks of 2700 CE of Mahindra and Mahindra to ₹ 85.45. What is your goal for this call? – Pratik Bajaj Mahindra and Mahindra (₹ 2,580.35): The stock of Mahindra and Mahindra (M&M) has been in a aerosol in early February. He fell out of resistance to ₹ 3,250. Last week, he opened with a gap down and reached a minimum of 11 months of ₹ 2,425 on Monday.However, he recovered during the week and closed to ₹ 2,580.35 on Friday. While the recovery was acute, he could not gain beyond resistance to ₹ 2,700. Only such rest…
This photograph The tasks of March 18, 2025 in a Netto discount supermarket in Copenhagen shows a marked price with a black star to help consumers identify and buy edible produced in Europeans, since some acts call Beercott of goods and services and services in the use and services in the use of UsepepPeppepPP. Sergei Gapon | AFP | Getty imagesCopenhagen, Denmark – presented by the position of President Donald Trump about Greenland and radical commercial tariffs, Danish buyers are backing to US products in a sample of national protest.The small European nation and the former ally of the United…
The Sail stock (₹ 108.34) is ruling at Critical Runnure. The short -term trend remained negative and finds immediate support in ₹ 100 and ₹ 84.90. On the other hand, immediate resistance appears in ₹ 118 and ₹ 129.We hope the stock remains volatile and can try to withdraw. Merchants must take into account that the tariff war between China and the United States will have a great impact on metal stocks, especially steel manufacturers such as candle.F & O Pointer: Sail April Futures (₹ 108.65) has witnessed a constant decrease of open interest in recent days along with the…
American and Chinese flags and a “125% tariff” label are seen in these illustration tasks on April 10, 2025. Given ruvic | ReutersChina retaliates on Friday against the specific tariffs of the country of the US President Donald Trump by raising their taxes on US assets to 125% from 84%, said China’s Ministry of Finance.”Even if the United States continues to impose higher rates, it will no longer make economic sense and will become a joke in the history of the world economy,” the ministry said in a statement, according to a translation of CNBC.”With tariff rates at the current…