Sensex up 91 points at 27292 and Nifty up
12 points to open at 8350.
US and
Asian markets are met despite negative signals with light speed is the opening
of the Indian share market. Watching technical analysis chart the Sensex index
upped 91 points to 27292 and the Nifty chart upped by 12 points to 8350 is
open.
Rupee down by 8 Paisa to open at 67.47 / $
level.
In
the currency market last intradaytrading session of the week, the rupee weakened by 8 paisa is open at the level
of $67.47. Thursday's session with gains 6 paisa against the dollar, the Indian
rupee had closed at $67.39 levels.
Can go up to 35000 gold prices increase and
know why?
As
per technical analysis software the Brexit the global and domestic commodity
markets have continued to high trend in gold. Gold chart has reached a height of 2 years. Given global
uncertainties in foreign brokerages target price of gold has increased. Due to
the international commodity market in the Indian market will have an impact.
Experts Rs 35 per 10 grams by Diwali gold prices to levels guessing.
What caused the rise in gold?
1.
Buying
other safe-haven camp imposed on large banks:-According to the World Gold
Council and other central banks, the Bank of England in the second safe haven is
restricted. Because gold live chart
is likely to continue further and faster. According to the banks, the dollar
and the yen safe haven buying of gold has been considered. However, banks have
put a cap on the dollar and the yen. This is likely to see gold prices
2.
Fluctuations
in currency markets:-After Brexit rupee is being recorded. Bexit verdict
came 31 years after the biggest decline in the pound. Rs other than the currency market are too volatile. Gold live market could continue to
benefit from it.
3.
Will
benefit from the relaxation of monetary policy:-European Union and
Britain's central bank to raise its economic stimulus packages and monetary
policy will relax. Such moves will support gold. This will reduce the cost of
holding gold in such an uncertain environment; gold will be an attractive
investment option.
4.
SPDR
reached 934 tonnes from 630 tonnes:-Due to the increasing demand of
investors the world's largest gold fund SPDR Gold ETF holdings increased from
630 tons, 934 tons is reached. Investing in gold because the gold prices will continue to grow. The
world's largest gold ETF SPDR fund.
5.
Pension
funds buy gold:-According to the World Gold Council pension funds can
invest in gold now. This can be seen in the gold boom. Before investing in
bonds, mutual funds and pension funds so far used.
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