Founder - Burn Inves... • 2m
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.
Your daily dose of s... • 2m
Goldflation Gold Hits All-Time High: ₹1 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
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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... • 4m
New Record High! Gold hits fresh peak to ₹89,450 per 10 gm, silver above ₹1 lakh New Record High! Gold hits fresh peak to ₹89,450 per 10 gm, silver above ₹1 lakh Gold prices reached a new peak of ₹89,450 per 10 grams in the national capital on Thur
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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
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