Founder - Burn Inves...ย โขย 3m
Many people might think that the fall in gold prices is due to that research report, but let me clarify, that's not the case. Look, the reason behind gold's decline is something else. The biggest reason is profit booking, and the second reason is margin shortfall. When we traders hold any leveraged trade, we have to maintain a margin with the broker. When the market falls, we need to add more margin to keep our positions active. Now, since global markets are falling significantly, around 3%-5%, many traders or trading companies must have received margin shortfall notices. To maintain those margins, they likely converted their gold positions into cash. Additionally, there isn't enough demand for gold from Central Banks at the moment, which has also caused a slight correction in gold prices. But this doesn't mean that gold will drop to 56K. Personally, I don't believe in such predictions.
Building htractionย โขย 2m
๐ฐ Gold Isn't Always Golden: A Look at Past Corrections in INR ๐ฎ๐ณ Gold has long been considered a safe haven, but even the most reliable assets see their fair share of corrections. ๐ Here's a quick look at some major dips in gold prices in India o
See MoreYour daily dose of s...ย โขย 2m
Goldflation Gold Hits All-Time High: โน1 Lakh per 10g in Delhi! A Global uncertainty, Trump's remarks, and a falling dollar push investors toward the ultimate safe haven. Is this just the beginning of gold's golden run? For more follow Startopia n
See MoreFounder And CEO Of F...ย โขย 2m
Gold rate jumps 25% in YTD. Is it the right time to buy gold in current rally? According to experts, the outlook for gold remains constructive. Persistent trade tensions, inflationary pressures, and central bank gold purchases are expected to contin
See MoreFounder And CEO Of F...ย โขย 4m
New Record High! Gold hits fresh peak to โน89,450 per 10 gm, silver above โน1 lakh New Record High! Gold hits fresh peak to โน89,450 per 10 gm, silver above โน1 lakh Gold prices reached a new peak of โน89,450 per 10 grams in the national capital on Thur
See MorePrev- Founder & CEO ...ย โขย 1y
Indians love gold and have so much emotional connection, afterall Indian households own 11% of total gold in the world But what you need to know is how malabar gold won just by understanding consumer emotions towards gold Malabar Gold was launche
See MoreDownload the medial app to read full posts, comements and news.