00:03Hello and welcome, you are watching Good Returns. I am with you and I am with you.
00:07Look, the tension in Middle East is not just the difference between Bazaar.
00:12It is different from every commodity. Whether it is Bharatia Rupiah, Sona, Chandy, Crude Oil
00:19and share Bazaar. What is happening in Bazaar?
00:24But what is happening in Bazaar and Chandy?
00:32The change is separate.
00:33The crisis is inevitable.
00:36We work these new events.
00:39Where it has come from.
00:39After a while, Iran, Israel, US, JNP,
00:43it is shown here.
00:45Why are we going to do this?
00:50Why are we going to do this?
00:52you are not safe as an investment purpose.
00:56We will try to understand all this.
00:59Renesha Chanani is here with us.
01:01Ma'am, welcome to Good Returns.
01:04Thank you. Thanks for inviting me.
01:06Renesha, ma'am, let's start with the discussion.
01:08First of all, I want to tell our viewers about gold and silver numbers.
01:14If we talk about the expiry of the 5th May,
01:17this is the last week of March.
01:22This is the first week of March.
01:24The first week of March was closed on Friday.
01:31But when it opened,
01:33the 1 kg of March was 7,542.
01:38The first week of March was open.
01:41who is open by the 29th January.
01:45which was 4,20,048.
01:49The silver is less than 1,9305.
01:54The gold is less than 1,9305.
01:56The gold is also less than 2 April.
02:00The gold is also less than 1,634.
02:04The gold is more than 1,631.
02:10The gold is less than 2 April.
02:13The question is that we are going to go up in war situations or crisis situations in Sona and Chandi.
02:21This situation has become such a situation that Sona and Chandi are completely broke. Was it expected this crash?
02:27I would like to say that gold and silver are different in different scenarios.
02:34If there are uncertainties in the market, this is a safe event demand.
02:39Now the macroeconomic situation has changed.
02:44The geopolitical tensions were before.
02:46In Russia-Ukraine-Walker time, we have seen a good performance.
02:52But we have not seen that in Russia-Ukraine-Walker time oil prices have not increased.
02:57We have seen that in one week oil prices have been increased.
03:15And in Russia-Ukraine-Walker time oil prices have been increased.
03:32For gold and silver, it is hedge against inflation.
03:35So this factor actually is supporting the prices.
03:37So this is one factor.
03:39We are seeing that prices are not increased.
03:42Second factor is that when there is uncertainty in the market,
03:45we are seeing that equity markets have been increased.
03:49We are seeing that in the currency markets,
03:50we are seeing that USD and INR is at all-time low.
03:54Treasury yields in the US,
03:56that is also increasing.
03:58So in the other markets,
04:00we have to cover our losses.
04:19So this is what the price of a year.
04:22That is why we saw a low-reference market.
04:26That is why we saw a low-reference market,
04:26and to backslide,
04:27Gold and silver still are a safe haven asset.
04:30The dips are also very good buying.
04:34It seems that prices are supported.
04:36I don't think so.
04:38It's a safe haven hedge.
04:39What were you asking me?
04:41Yes.
04:42But if we talk about gold and silver,
04:45how will the outlook be for that?
04:46I should have a short term outlook.
04:48Because some of the people who invest in gold and silver,
04:52like you said,
04:53who have been short term,
04:55they are also doing a profit book.
04:56So how will these commodities go for 3 to 6 months?
05:00And if we look at long term outlook,
05:021-1.5 years of outlook,
05:04then what targets are we going to do?
05:06First, if we talk about short term,
05:09then gold prices are trading in a range.
05:121,50,000 to 1,70,000.
05:15So it is expected for next few days,
05:1815-20 days, at least for March month,
05:20this range bound momentum will continue.
05:221,50,000 to 1,70,000.
05:24Similarly, for silver,
05:26the range of 2,40,000 to 2,85,000.
05:30So this is the range of 40-45,000.
05:32If you get prices below,
05:35then keep the view of buy on dips.
05:37And once again,
05:38you get high levels,
05:39I have told the resistance levels,
05:40there is a profit book.
05:42If we talk about medium term,
05:433 to 6 months,
05:45I think gold is still on the way to touch its previous high.
05:50Overall, fundamentals,
05:51now is quite positive.
05:53I think that the high of $5,600,
05:55that was touched this year,
05:57it can also be breached.
05:59And in fact,
05:59at $5,800 to $6,000,
06:02you can also touch the level of $5,800 to $6,000.
06:03So here, the upside is still on the way.
06:06I'm still looking at 15-20% in gold.
06:07I'm still looking at upside.
06:09I've also looked at silver.
06:10I think that if it sustains above $100,
06:13then the previous high,
06:16$110, $120,
06:17it can also come again.
06:18But I'm bullish in gold for this year.
06:22So this is medium term outlook.
06:24And talking about long term outlook,
06:26I think that gold and silver is in a secular bull market.
06:29The secular bull run which started in 2020,
06:33Covid-19 time.
06:35And in commodities,
06:36the bull market continues 8-10 years.
06:39So when Trump is in power for the next three years,
06:41I think all types of uncertainty will continue.
06:44Whether it's tariffs, wars,
06:46or something else.
06:47There will be some markets that will support the prices.
06:50And the high debt levels,
06:52I think that gold and silver prices
06:54will also be doubled in the next three years.
06:56So the current prices,
06:581.5 lakh gold,
06:59you'll see 3 lakh levels here.
07:02Silver,
07:03which is now $5,500,000,
07:05you'll see over 5 lakhs.
07:06So in three years,
07:07my long term view is positive.
07:10The prices will also be doubled here,
07:11both gold and silver.
07:13As expected,
07:14you'll tell a little bit,
07:15that you'll find a route
07:16in Sonia and Chandi.
07:17The route will continue.
07:21Because prices are increasing very quickly,
07:23and sometimes it's like,
07:24let's go,
07:24a little route.
07:26The whole world scenario
07:26has been useful here,
07:28by Sonia and Chandi,
07:29the buyers of Sonia and Chandi.
07:30But,
07:31according to this,
07:32the targets are better.
07:35Now,
07:36what should we do?
07:37What should we do?
07:38What should we do?
07:41Investing?
07:41How do we invest?
07:42As you see,
07:43while we're looking at the situation,
07:43do you keep a little wait and watch strategy?
07:46Or,
07:47as you're saying,
07:48buy on dips,
07:48this is the right time?
07:51I think,
07:52when you're looking at 1,35,000,
07:55the prices are trading at the goal,
07:56so,
07:57I don't think this will be finished.
08:01So,
08:02if you get any dips,
08:03you have to buy about 1,500,000,
08:05so,
08:05you have to use those dips,
08:07buying opportunities.
08:09Staggered way,
08:10buying starts,
08:11waiting for us.
08:12Now,
08:12there's a good chance.
08:1350% you can buy even today.
08:15So,
08:15invest in any level,
08:16gold is a good level.
08:19But,
08:19don't do it a little staggered way.
08:20Don't do it in one price.
08:22So,
08:22you can invest 50% today,
08:2425% a little lower,
08:253,000,
08:26and 3,000,
08:27and a little lower,
08:28so,
08:30you can start in the target way.
08:32Otherwise,
08:33I always recommend,
08:34SIP,
08:35you cannot catch the bottoms and tops.
08:37if you're a long term investor,
08:39next,
08:402-3 years,
08:40you want to invest in the gold,
08:42and you want to earn returns.
08:44So,
08:44SIP,
08:45every month,
08:45you will get the average price overall,
08:48and your returns will also be good.
08:50Yes.
08:51Now,
08:51the correction we have seen,
08:53we believe that
08:54it has already come to our low,
08:56and then,
08:57there will be other corrections,
08:58and then,
08:59there will be other corrections.
09:00The current prices of gold are around 1,60,000.
09:04So,
09:04I think that
09:05there will be 1,50,000 downside to the downside,
09:06there will be chances again.
09:09Here,
09:10there will be 15-15% of corrections.
09:13So,
09:14this is good for a healthy bull market.
09:16We have done 100,000 upside.
09:17Because we've still run a lot.
09:18Now,
09:19a consolidation phase is going.
09:21Also,
09:21as much as possible,
09:22as much as possible,
09:23the consolidation phase,
09:24the base will also become more.
09:26It will become more.
09:26The base will become more.
09:27From 1,50,000.
09:28From 1,70,000.
09:29The base will become more.
09:30So,
09:30the prices will become more.
09:32The bulk of the price will be the good bull run.
09:34So, you know, this is a buying zone where you can build your positions, which also get dips.
09:43This is why I'm saying that there was a good opportunity.
09:45In 2025, people complained that we didn't get the opportunity of buying.
09:49There was a lot of prices.
09:50In 2026, you were getting the opportunity.
09:52At least you can buy.
09:54There are prices in the same range.
09:56In the future, this will start a run-up.
09:59So, if we talk about gold and silver futures,
10:02because we are thinking about long-term investment,
10:05we are thinking that gold and silver will be better.
10:09But those who are trading,
10:11how do you want to see this opportunity?
10:14Plus, consumers,
10:16who are selling for investment purposes,
10:18not for consumption purposes,
10:21what would you suggest for them?
10:23For consumers, I would say that you get very good levels.
10:28If you want to buy jewelry in a physical form,
10:31bars, coins and jewelry.
10:34So, there are a lot of good levels.
10:35Now you can buy.
10:37Like I said,
10:3750% now and 25% now.
10:40Every 5% fall.
10:41You can create your new portfolio.
10:45And if you talk about traders,
10:47then traders,
10:49like for the next 15-20 days,
10:52I think for the next 15-20 days,
10:52I think that prices will trade in a range.
10:55I have just mentioned the range.
10:571,50,000 to 1,70,000 for gold.
11:00And for silver,
11:012,45,000 to 2,85,000.
11:04So, this is the range of 20,000 and 40,000.
11:06In this range,
11:07you can use this strategy in futures.
11:08Buy on Dips and Sell on Release strategy.
11:12If you trade in options,
11:14you can create a caller strategy.
11:15In the caller,
11:16you can do what you can do.
11:17In the support level,
11:19you can put buy at the bottom.
11:21And the resistance level of high levels,
11:24you can send a call.
11:26So, a caller strategy is made in options.
11:29That can also be traded.
11:30So, this range-bomb momentum is a benefit.
11:33Buy on Dips and Sell on Release.
11:34It's a positive and optimistic outlook,
11:37from Dr. Renisha Chenani.
11:40That means,
11:40gold and silver,
11:41which is seen now,
11:43is temporarily looking at it.
11:45And long-term,
11:46investors don't need to be forced.
11:48Is that right?
11:50Yes, absolutely.
11:51Thank you so much, Dr. Renisha.
11:53For joining us,
11:54there was a lot of confusion
11:55with gold and silver,
11:57and the prices of gold and silver.
11:59I hope viewers have your views
12:00as well.
12:01I hope you will feel sad
12:02and the panic is a little bit less.
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