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Rohan Saha

Founder - Burn Inves... • 1d

Even though the market fell today, our MMI index still jumped from 64 to 67 it's now just a few points away from the 'extreme greed' zone. I have a feeling that even a small move in the Indian market could trigger a noticeable shift in the MMI, especially since gold buying is picking up fast. Gold had a big rally today, and since gold buying is part of the MMI calculation, that’s definitely playing a role. Overall, I think the market will stay sideways for a bit maybe for a few days or at least until tomorrow depending on what the Fed announces. Personally, I don’t think the Fed will cut rates just yet, at least not until there’s more clarity on the tariff situation.

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Rohan Saha

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The way gold has been surging for the past few days, it seems like a healthy correction might occur in the gold market in the coming days.

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Why gold going high????? Only 1 kg of gold is real, but 131 kg of gold is being traded in the market. In the same way, gold has been artificially dumped so that central banks prefer dollars over gold. Now central banks buying gold instead of dollar.

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