00:04Hello and welcome, I am looking for Good Returns. I am with you, I am with you.
00:08Gold and silver are now volatile.
00:11So volatile that the people are confused.
00:14The consumption of the day is very attractive.
00:21Because the festivals have started,
00:28there are many other people who are going to come.
00:32For the festivals, they are very rich.
00:38When they buy gold and silver,
00:42they buy gold and silver.
00:49If you are an investor,
00:51you should be able to buy gold.
00:54This is a question in mind.
00:56If we talk about 30 March,
00:59we are recording this video.
01:02If we talk about data,
01:03in the morning,
01:05the market is open.
01:06The gold price is dropped.
01:08The gold price is dropped.
01:12The gold price is dropped.
01:22The gold price is dropped.
01:47The gold price is dropped.
01:58So you want to understand the volatility and the reasons you want to understand and the factors you want to
02:02understand.
02:02What can we see in the future?
02:06Yes, we have seen that gold and silver are quite volatile.
02:10As you said, gold is 15% fallen from its high in this quarter.
02:18And if we talk about silver, it is almost 25% down in this January to March quarter.
02:24So these volatile moves have come because the main problems, the main fundamentals of gold and silver have shifted towards
02:35other things.
02:37Fundamentals were very strong. Supply demand concerns, debt, deficit, all the things that happened in the US.
02:44That all has gone to backburner.
02:46And now, in the past one month, we know that the poor situation has come from gold and silver.
02:54I think this is a cyclical bear face in the secular bull market,
02:59where we are seeing short-term profit booking.
03:02So the long-term outlook or fundamentals have not changed.
03:06We know that the high debt levels of the US has increased.
03:11We know that the deficit concerns have also become very strong.
03:14The demand in the silver is very strong.
03:18And it will continue to continue.
03:20So the main fundamentals, which we have rallied in 2025, are still strong.
03:25But this is just a short-term phenomenon,
03:26where there is a war-like situation,
03:29where there is a war-like situation,
03:29which is going to intensify day-by-day.
03:32That's why we are seeing that the rest of the asset classes,
03:34there is a profit booking.
03:36The investors are covering their losses.
03:38The investors are covering their positions in gold and silver.
03:42And they are covering their positions in gold and silver.
03:43And whatever they are receiving profits,
03:44they are covering their cover-up in gold and silver.
03:47So I think this is just a short-term phenomenon.
03:50But gradually,
03:51when the wall sees-fired,
03:52or peace talks,
03:53I think,
03:54it will be safe when buying lots up here.
03:58Long-term outlook,
03:59I think,
04:00but in short-term,
04:01if you can see,
04:02many of us are showing up.
04:04You said,
04:06that we are generally,
04:08who are already in the loss,
04:11they are doing their position here,
04:13so that they can gain some benefit,
04:14wherever they can.
04:16But now,
04:18the price of gold and silver is almost low,
04:21from all-time high.
04:22Now,
04:23what do you need to do for the new strategy?
04:26And more importantly,
04:27what are the targets of gold in next week?
04:30What are the targets that are going to be in the next week?
04:31Short and long-term.
04:33So,
04:33short-term,
04:34I think,
04:35the last week,
04:36the prices were low.
04:37It was $4100 for gold,
04:40and around $61 for silver.
04:43I think,
04:46I don't think,
04:47the price will go down.
04:49And,
04:49I think,
04:51if you think,
04:51the good support from that,
04:53that the prices,
04:54that they recover every time,
04:56that is $4300.
04:58So,
04:59I think,
04:59the short-term support,
05:00that is $4300.
05:02And,
05:02the upside resistance,
05:03that is $4700.
05:04And,
05:05if we talk about MCX levels,
05:08it's about $1,39,000 to $1,53,000.
05:12It's about $14,000.
05:13It's about $14,000.
05:14It's about $14,000.
05:15It's about $14,000.
05:16It's about $14,000.
05:34So,
05:35prices recover from the low.
05:37But,
05:38biasness is volatile.
05:40And,
05:40it's become a negative moment.
05:43But,
05:43I think,
05:44a good recovery from this week.
05:46If you talk about it,
05:47prices recover from the low.
05:49So,
05:49buy on dips.
05:50Yes,
05:51there is a reasonable value,
05:51as well as I got to let the resistance level,
05:54make it a profit book.
05:55Short-term will be,
05:56for short-term investors.
05:59Okay.
06:00Profit book,
06:01for short-term investors,
06:03a good strategy.
06:04This will be a good move.
06:04the buy on dips view is going.
06:06Ma'am,
06:07I have another question for you.
06:08Do you think,
06:10the most money when you have invested in gold and silver.
06:15Do these prices need to go down the bottom of this?
06:18Wait,
06:18or let the other money out of this?
06:20to average.
06:22Yes.
06:23What are the fusses that are buying at the top levels and the prices are quite low,
06:28then there is a good opportunity to average out here.
06:33Gradually, the uptrend can start again.
06:36I think that this news war is going on.
06:40Intensified.
06:41The situation has been a little bit.
06:43But just as there will be clarity, some news will come, that ceasefire talks will come.
06:48We can see that the prices are also very good.
06:53I think that the negative news is already discounted in the prices.
06:58Now, there is something else that is coming, that is positive.
07:01Most of the negative things are discounted now.
07:05Okay.
07:05Let me ask you to ask the ETFs.
07:08There are also some of those who have lost losses.
07:12Gold and silver ETFs.
07:14The portfolio is very low.
07:15The ETFs have already invested.
07:19What should they do in the losses?
07:21What should they do now?
07:22And what will the new buying suggestion for ETFs?
07:26Will it be a new way to start the SIP?
07:29Yes.
07:30The ETFs are investing.
07:32I would say you stay invested.
07:34Now, there are no need to fall in the market.
07:38Because when you invest in gold and silver, you think of long term for at least two to three months.
07:42Short term, you will come in the dips of all asset classes.
07:45You will not be able to get the bottom and top.
07:48So the SIP you are doing, keep the SIP.
07:51In fact, next, a year-2 years, you will get the price here.
08:25Thank you very much.
08:25Thank you very much.
11:12Thank you so much for joining us today.
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