Commodity DNA

Gold

By Ibrahim Patel
Oct 30, 2023

GOLD JUMPED 9% SINCE HAMAS ATTACK: ALL-TIME HIGHS IN INDIA RS. 63,355

Investors were caught off guard by the outbreak of war forcing them to quickly cover their shorts Gold could break decisively above $2000 and perhaps attack $2090 soon The ....

Gold

By Ibrahim Patel
Oct 01, 2023

RISING YIELDS, STRONG DOLLAR, HIGHER INTEREST RATES HAVE PRESSURED GOLD PRICES

*Indian gold demand could fall to a three-year low *Gold futures was down 4% for the last week biggest weekly decline since11 June 2021 When bond yields rise, it lowers the ....

Gold

By Ibrahim Patel
Aug 08, 2023

GOLD RALLIED ABOVE $2,000 AND QUICKLY FALLS BACK BELOW THAT LEVEL WHY?

*Gold likely to remain rangebound with a bearish outlook this week *Institutional investors have not come back to the table The dynamics of the gold market where real-world ....

Gold

By Ibrahim Patel
Jun 25, 2023

GOLD PRICES MAY WITNESS A DIP CORRECTION TO $1,884 BELOW THE $1,903 SUPPORT LEVEL

*US inflation continues to trend at twice the Fed’s target range *Gold is still in an uptrend, but it is currently undergoing a healthy correction Gold is clearly an asse ....

Gold

By Ibrahim Patel
May 26, 2023

THE POSSIBILITY OF RATE CUTS IN THE US IS FUELLING DEMAND FOR PRECIOUS METALS

*Gold prices hovered near two-month lows at $1,939 *Gold price still up by 6% from $1855 last May 2022 Gold prices hovered near two-month lows as markets remained on edge o ....