00:05Middle East tensions one time after ceasefire, crude one time after ceasefire, and crude one time after
00:12प्राइसई की तरीके से तेजी दिखा रहा है यानि कि अभी भी ग्लोब ल प्रायसेज जो है वो लगातार बढ़ते
00:22जा रहे हैं कौमोडिटीस के लेकिन इस पूरी अंसफिक सिचुएशन में जहां पर गिरावट दिखाई दे रही है वो सिर्फ
00:30मार्केट नहीं है बलकि वो
00:31commodity market
00:32also
00:32in this way
00:37the situation
00:37should be
00:38generally
00:38fast
00:39but
00:40here
00:40if we talk about this
00:43week
00:44just
00:45two days
00:46have
00:47started
00:48and
00:48there are
00:492,000
00:50rupees
00:50now
00:50when
00:52this
00:53was
00:53started
00:54to
00:57March
00:58since
00:58the data
01:00is showing
01:00that gold
01:0210%
01:03and silver
01:0420%
01:04in this way
01:06when
01:07gold
01:08and
01:08to
01:09return
01:10this
01:11is
01:11so
01:13there are
01:15tensions
01:16and
01:16some
01:17questions
01:17today
01:18will
01:18questions
01:19today
01:19address
01:20with
01:21Renisha
01:21Chanani
01:22welcome to
01:23Good
01:23Retards
01:25thank you
01:25thank you
01:26thanks for inviting me
01:27thank you
01:55thank you
02:00what
02:01what
02:05the
02:06current
02:06factors
02:07impact
02:07gold
02:08prices
02:08impact
02:09there are
02:10consequences of
02:12three factors
02:13one is
02:14broad based
02:15risk
02:16assets
02:16liquidation
02:17that is one of the factors
02:19that is one of the factors
02:19that is the spending
02:20of the
02:21second is the hawkish
02:22shift
02:23to
02:24FED
02:24rate
02:25expectations
02:25after the
02:26U.S. non-farm payroll data
02:29this is a second
02:30thing
02:30and third
02:31is
02:32dollar
02:34index
02:35and
02:35U.S. treasury
02:36yields
02:36are strong
02:39in the last few
02:40weeks
02:41so
02:41these three factors
02:42we are seeing
02:43gold and silver
02:44prices
02:44above
02:47because
02:49of this war
02:50it was expected
02:51that
02:51U.S. economy
02:59is
03:02still
03:03strong
03:04so
03:04this
03:04rate
03:05cut
03:06with the start of this year
03:09now
03:09rate
03:10height
03:10and
03:11in fact
03:13this expectation
03:14and
03:16the probability
03:17is
03:18that
03:19the rate
03:19is
03:20in
03:20the
03:20price
03:21is
03:22less than
03:2440%
03:25in
03:25December
03:26rate
03:26height
03:26now
03:27it has
03:27increased
03:27almost
03:2868%
03:29so
03:30these
03:30factors
03:31are
03:33impacted
03:35so
03:35this
03:36is
03:37very
03:37critical
03:40support
03:41levels
03:42in
03:42fact
03:4343
03:43dollars
03:43for gold
03:45and
03:4566
03:4567
03:46dollars
03:47for silver
03:47as a long term
03:51as a long term
03:52and
03:53this is a 200 day
03:55moving average
03:56technically
03:57so
03:57I think
03:58I should
03:59sustain the prices
04:00because
04:01all the negatives
04:03are already discounted
04:04in the prices
04:05now
04:05we need
04:06to wait
04:06a positive
04:07trigger
04:07so
04:08short-term recovery
04:08can be seen
04:09in short-term
04:11bottom
04:12fishing
04:12in
04:13short-term
04:14bottom
04:15we can see
04:22reports
04:23that
04:24gold
04:25target
04:26is
04:26lakh
04:27and
04:29some reports
04:31are
04:31conservative
04:32are
04:32saying
04:33that
04:33$4,000
04:34will go down
04:34if we look at
04:36global levels
04:37on the
04:37levels
04:37which report
04:38will go down
04:39or
04:40$4,000
04:46so
04:46when we talk
04:46about
04:47gold
04:47returns
04:48I think
04:49just
04:49gold
04:51has
04:51returned
04:54last year
04:56in fact
04:5665%
04:57so
04:58this year
04:59is going to be
04:59a consolidation phase
05:01looking at the
05:02macroeconomic situation
05:04and the
05:04warlike situation
05:05both
05:07geopolitical tensions
05:08and macroeconomic
05:09conditions
05:10as well
05:11as
05:12gold
05:12will be
05:12in
05:13limit
05:14that
05:14should be
05:17used as a
05:18opportunity
05:18and
05:19very
05:19upside
05:20and
05:20downside
05:21that
05:24critical
05:25support
05:26if
05:26prices
05:27break
05:28the next
05:29level
05:30where
05:30prices
05:31can
05:31go to
05:35$5,500
05:37to
05:38$6,000
05:39so
05:39upside
05:40if
05:41positive
05:41triggers
05:43are
05:43very
05:43quickly
05:44and
05:45like
05:46this
05:47scenario
05:47is also
05:52possible
05:53so
05:54volatility
05:55is
05:55increased
05:56in the market
05:56and
05:56uncertainty
05:57so
05:58both
05:58levels
06:00are
06:00possible
06:00but
06:01short-term
06:01yes
06:02if
06:02we don't
06:02sustain
06:03$4,000
06:04will
06:04touch
06:07but
06:07that should
06:08be used
06:08as a
06:09buying opportunity
06:09for long-term
06:11and
06:12if
06:12we are
06:13looking at
06:13long-term
06:13when will
06:15come to
06:15$2,000,000?
06:17If
06:18we see
06:19rates
06:19hikes
06:20start
06:20on
06:21December
06:22onwards
06:23and
06:31we see
06:32rates
06:33cuts
06:33will
06:33come to
06:34next year
06:34and
06:35if
06:36we see
06:36rates
06:36come to
06:37$2,000,000
06:38by the end
06:38of this
06:39year
06:39or
06:39starting
06:40of
06:40next
06:40year
06:41this
06:41year
06:41is
06:46$1,000,000
06:49$2,000,000
06:50will
06:50be
06:51$4,000,000
06:52which
06:53you will
06:53to
06:53get
06:55systematic
06:56purchases
06:57and
06:57long-term
07:02buying
07:02we are
07:04talking about
07:05US data
07:05and
07:06you have
07:07told us
07:07a
07:08important
07:08trigger
07:09on
07:095
07:10and
07:116
07:11June
07:12reports
07:13which
07:13come to
07:14say
07:17that
07:18the
07:19rate
07:19will
07:20and
07:20the
07:21expectation
07:21is
07:22that
07:22if
07:22the
07:23Fed
07:23rate
07:23will
07:23the
07:24price
07:25and
07:25the
07:26expectation
07:27was
07:27just
07:2785,000
07:42job
07:42addition
07:42to
07:43the
07:43expectation
07:44of
07:47unemployment
07:48rate
07:49is
07:49stable
07:52now
07:53when
07:53economic
07:54data
08:21the
08:23rate
08:29rate
08:30high
08:30price
08:32is
08:33stable
08:33because
08:35other
08:36uncertainties
08:37are still
08:37there in the
08:38market
08:38other
08:38geopolitical
08:39tensions
08:40are still
08:40there in the
08:41market
08:41so
08:41the
08:43prices
08:44will
08:45as
08:45as
08:46as
08:47as
08:48as
08:48as
08:48as
08:49as
08:49as
08:49as
08:55prices
08:57are
08:57discounted
08:59rates
08:59are
09:01discounted
09:02discounted
09:03rates
09:04have
09:05discounted
09:06all
09:06all
09:06these
09:06things
09:07so
09:10we
09:12can
09:12more
09:12prices
09:14so
09:15I think
09:161,40,000 is the maximum downside
09:19I think
09:19gold
09:20support
09:21and
09:22silver
09:232,2,2,2,2,2
09:25to
09:25this
09:26maximum downside
09:28if
09:29rate
09:29starts
09:29start
09:30gold
09:31outperform
09:32silver
09:33but
09:34when
09:34we
09:34see
09:3520%
09:38of
09:38silver
09:38is
09:3920%
09:43is
09:43also
09:45outperforming
09:45silver
09:46gold
09:48investment
09:49for
09:50silver
09:51is
09:51a
09:53higher
09:55beta
09:55commodity
09:55and
09:56gold
09:57is
09:581,5
09:59x
09:59is
09:591,5
09:591,5
10:01x
10:021,5
10:04to
10:052
10:05x
10:05that
10:06is
10:061,5
10:07to
10:082
10:08x
10:08is
10:081,5
10:14to
10:1420
10:23x
10:240,5
10:250,5
10:250,5
10:26you
10:27should
10:30go for
10:31silver
10:31but
10:32you
10:32go for
10:33silver
10:34but
10:34should
10:35go for
10:46silver
10:47.
10:54So, that is what the recommendation is and still I hold this thing that the prices are stable here and
11:02the prices have come down, still you should have this amount of gold and silver in your portfolio.
11:09Because these are long-term assets, short-term assets, at least 3-5 years, then you will have good gains.
11:17Okay.
11:18In other words, the gold and silver patterns are showing that investors are a little confused.
11:25Is this the right time for the company?
11:26Is it almost done with the amount of money?
11:29Or do you wait for the amount of money?
11:30What strategy do you keep in gold and silver?
11:33I think there are many negative factors in price.
11:36To rate this Masksu will have 50% discount.
11:40Be many of you can expect better.
11:41And if you wait for a little lower, if you get a little lower, then you'll have to .
11:49So that you'll get more than 1% of the price.
11:50Yes, you will have 50% of the price.
11:53You'll get more than speed than 5% of the price.
11:55Not 50% of the price then.
11:55As you can expect that you'll get 50% of the price.
11:56From the price.
11:57PM Modi made an appeal that you will not buy the price.
12:01इस appeal को ले करके gold market में, bullion market में बहुत जादा चर्चा भी थी, बहुत सारी news headlines
12:07बनी और बहुत impact के उपर research भी किया गया
12:10लेकिन time हो गया है अब उसको बहुत सारे dwellers जो थे उन्होंने इस बात को ले करके अपना पक्ष
12:17भी रखा था और बहुत सारे stocks भी तूटे थे उस समय
12:20jewelry stocks भी तूटे थे अगर अभी current scenario की बात करें तो क्या प्रधान मंत्री की appeal के बाद
12:27jewelry companies की sales पर कोई असर आया है
12:31किस तरीके से अभी लेकर के चल रहे हैं इसको खरीदारी कम हुई है क्या
12:35यह इस नियुस को अलमोस्त एक महिना मुने पर आया है और हम डेफिनेटी देख रहे हैं इसका इंपक्त बिलियन
12:41मार्केट पर एंज्वेलरी मार्केट पर आया है
12:45विल की आपको गोल खरीदा तो जरूर खरीदे बड़ रिस के एंपना पुरान इस और निकाले और उसे रिसकल करके
12:57उसको रॉन्युविया बड़ बार्स बनाके उसे इसमें इस्में समें इंवेस्में करें
13:02And if you look at the general consensus, 40 to 60% of the jewelry sales are coming from recycled
13:11gold.
13:11So that is what we are pushing on, that the old gold, which is almost 35,000 tons of household
13:21gold in India,
13:22we should go out. If at least 1% of the gold comes out, then we have 350 tons of
13:29gold in the market, which is recycled gold.
13:33So we can be self-sufficient, we won't be back on our import bill.
13:38And the shock of the jewelry, jewelry, gold coins, bars in the shop market, we will be able to do
13:46it.
13:46So we should be looking at recycled gold now.
13:50So this is a high time.
13:52But now what is the impact of sales, Ranishama?
13:55That's what I said, that the 40 to 60% of the jewelry sales are coming from recycled gold.
14:01And yes, 20 to 60% of the jewelry sales are coming from recycled gold, and yes, 20 to 60
14:02% of the jewelry sales are coming from recycled gold.
14:04Sales have been reduced in the last 2 months, in the last 1 months, because of this.
14:09In fact, some factors are coming from prices, so there is a little sentiment that is coming from it.
14:15And now the period is coming from the last 2 months.
14:19In Indian tradition, there are a lot of lacklustre wines that are coming from the festive season.
14:28From July to August, and the wedding season is also coming from the wedding season.
14:32So I think this is a period where it generally combines and there is a little bit of impact on
14:39sales.
14:40So gradually, we have to see it in 4-5 months, and we have to see how many numbers are
14:47coming from it.
14:47But if we are positive to recycle gold in the market, that would be good for investors and jewelers too.
14:57It would be good for both of us too.
14:59Okay, one last question, ma'am.
15:02Important targets, if you want to tell us both of the important targets,
15:05because there are short-term investors who want to invest in this way, because the market is very volatile.
15:12And if you want to see long-term investors, then what should be important targets?
15:17In short-term investors, I would say that 1,54,000 is the current price.
15:22Here, I would say that 1,50,000 is a very strong support.
15:26Which is about 4,000 dollars.
15:29If you want to see the price of 4,000 dollars, then the price of 1,50,000 is a
15:37very strong support.
16:07The price of 5,000 is a very strong resistance.
16:19I don't think the lows in January are going to break down as of 9.
16:25I think the resistance in silver is from 2,80,000 to 3,00,000.
16:32I think the resistance level is from 2,80 to 3,00,000.
16:36If we sustain 3,00,000 to 3,00,000, then we can expect that 3,50,000 to 3
16:41,00,000 to 3,00,000.
16:43Okay. And long-term targets?
16:46Long-term targets, I know. Silver is from 3,50,000 to 3,00,000.
16:52Silver is from 3,50,000 to 3,00,000 to 3,00,000.
17:01Because if you are a long-term investor, you will not be able to do it.
17:06Returns can be a little bit more.
17:09But some of the returns are going to give you both assets.
17:13But then we will suggest you to do your investment with your financial advisor.
17:18Thank you so much, Renisha Ma'am, for joining us today.
17:21Gold and silver market is very volatile.
17:23Your opinions are very matter.
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