00:00We are talking about US data and you have also told us about a important trigger on the 5-6
00:07June, US reports and jobs data.
00:11We are talking about the fact that we will not cut the Fed rate and the expectation is that if
00:18we get the Fed rate hike, we will not be surprised.
00:21We are talking about non-farm payrolls, 1,72,000 jobs added.
00:33The expectation of the market was only 85,000 jobs added.
00:38The expectation of the number of unemployment is not even 4.3% stable.
00:48When we are talking about economic data, we hope the Fed rate cut and the U.S. Fed rate hike
00:57or stable rate rate.
01:00We are talking about the fact that if we don't have a rate hike, we will move on.
01:06But if there is a rate hike, what is the pattern of sun or silver?
01:11If the rate hike starts in December onwards, the current probability is 68% as per the CME, Fed, implied
01:22probability index.
01:25If the rate hike starts in December, I think the prices will be stable.
01:30Because other uncertainties are still there in the market.
01:34Other geopolitical tensions are still there in the market.
01:37So, there will not be a lot of collapse, but at least prices will be stable.
01:41Gold will be 1,500,000, silver will be 1,500,000.
01:45There will be a lot of upsides and downsides.
01:48So, I think the current situation is the maximum downside.
01:51In this case, the rate hike already has a discount rate hike.
01:55If there is a rate hike in December, then prices are already discounted.
01:58So, the current levels have discounted all these things.
02:03If there is a rate hike in 2027, then we can see a little bit.
02:07But we can see more prices of 15,000 to the price.
02:11So, I think 1,400,000 is the maximum downside.
02:15I think gold is the maximum downside.
02:17And silver, which is 2,200,000 to 2,200,000.
02:21This level is the maximum downside.
02:24The rate hike starts.
02:26And gold has a huge deal.
02:27And silver has been out-performed in a period of time.
02:30But now we are seeing this rise.
02:31Renishah waam,
02:32Silver has been out-performed of 20%-percentotes.
02:34Right now, I'm about talking between middle-case tension.
02:36I'm about talking about 20%-percent jakich.
02:40Without money.
02:40So, silver and silver has been out-performed about 20%-percent.
02:42Yes, it does also happen to criticism of silver and gold.
02:43Now, what do you invest for silver has a good time?
02:48Let's see, silver is a higher beta commodity and gold is always 1.5x beta.
02:55As much as gold grows or gets, silver will increase or gets.
03:01So that is 1.5 to 2x.
03:04So that is what is happening.
03:05In the past year we saw that gold is 65% and silver is almost 140%.
03:12In the past year we saw that gold is 8 to 10% down.
03:17So silver is almost 20% down.
03:20So it is almost 2x beta.
03:22So yes, if you chase higher quality, you should go for silver.
03:27But the ideal allocation is the portfolio.
03:30Because I always say that gold and silver is short-term trading.
03:34Long-term investment in the portfolio.
03:37So if I say that gold and silver can place your portfolio in gold and silver,
03:44then gold should be 10-15% and gold should be 5-10% in silver.
03:50So that is what the recommendation is.
03:52And still I think that prices are stable here.
03:58And prices are low.
04:01Still you should have this amount of gold and silver in your portfolio.
04:05Because it is long-term.
04:07Don't look at the short-term.
04:08Don't look at the short-term.
04:09If you look at the price of 5-5 years,
04:11then you will have a good deal.
04:13Okay.
04:14So, the gold and silver pattern is showing that investors are confused.
04:20Is it a good time for the company?
04:22Is it almost been a good time?
04:22Is it almost been a good time for the company?
04:24Or do you wait for the company or do you wait for the company?
04:26What do you keep in gold and silver?
04:27I think there are quite negative factors in prices.
04:31So if you want to invest in 50% of the prices,
04:36you can do 50% of the prices.
04:36And if you want to wait for 50% of the prices,
04:39if you want to get a little lower,
04:41if you want to get 4-5% of the prices,
04:43then you can invest a little lower.
04:46Yes, 50% today,
04:47and 50% on 5% dips from current prices.
04:53PM Modi has also appealed to not buy this.
04:57According to this,
04:58there was a lot of sales in gold market,
04:59and bullion market.
05:01There was a lot of news headlines made
05:03and there was a lot of impact on the research.
05:06But the time has now been,
05:08so many of the dwellers have also laid their pocket
05:13and many stocks also broke.
05:16The dwellers also broke.
05:18If we talk about current scenario,
05:25what is the deal of sales?
05:27What is the deal of sales?
05:29What is the deal of sales?
05:30What is the deal of sales?
05:30What is the deal of sales?
05:30What is the deal of sales?
05:30Yes, this news has been almost a month.
05:34We are definitely seeing this impact on the bullion market
05:37and the jewelry market.
05:41We are recommending that you have to buy gold,
05:44then you have to buy it.
05:45But you have to buy it in the recycled gold.
05:47If you buy it in the direct world,
05:48you can remove its old gold in the red.
05:51Then you can buy it out of the gold
05:52and recycle it.
05:53The new jewelry, new coins,
05:55new bars and investment in it.
05:58And if you look at the general consensus,
06:01then the same size of 40 to 60% is coming from recycled gold.
06:07So that is what even we are pushing on,
06:10that the old gold, which is almost 35,000 tons of household gold in India,
06:18is coming out.
06:19If at least one person also comes out of gold,
06:22we have 350 tons of recycled gold in the market.
06:29So we can be sufficient to be able to get back to our import bill.
06:33We will not be able to get back to our shop.
06:34And what is the shock of the jewelry,
06:36buying gold coins, bars,
06:39buying gold coins,
06:40we will be able to get back to our market.
06:42So we should be looking at recycled gold now.
06:46So this is a higher time.
06:48What is the impact of sales on now, Renishama?
06:50That's what I said.
06:52The 40 to 60% of the jewelry sales are coming from recycled gold.
06:57And yes, 20 to 60% of the sales have been affected.
07:00The sales have been affected in the past two months,
07:02in the past one month because of this.
07:04In fact,
07:05some factors are coming down to prices.
07:08There is a little bit of sentiment.
07:09It is a little bit of sentiment due to it.
07:11And now this period is going to be going to be a massive mass.
07:15In Indian tradition,
07:16there is a lot of lackluster wine in this time.
07:21The festive season starts from July to August.
07:26And the wedding season has also been finished.
07:28So I think this is a period,
07:30it is a period of time where it is generally combined.
07:32And there is a little bit of impact on this news.
07:36So we need to see it gradually.
07:38We need to see it for 4-5 months.
07:40We need to see it for 4-5 months.
07:40We need to see it for the numbers.
07:43We need to see it for the numbers.
07:44But if we are positive,
07:46we need to see it for the numbers.
07:49So that would be good for investors and dwellers too.
07:53We need to see it for both of us.
08:43We need to see it for the numbers.
08:46We need to see it for the numbers.
09:12We need to see it for the numbers.
09:15I don't think the lows in January should be toot as of last.
09:21And I think the resistance in silver is to 2,80,000 to 3,00,000.
09:27So I think the resistance level will be to 2,80,000 to 3,00,000.
09:32And if we sustain 3,00,000, then we can expect that we can go to 3,00,000 to
09:373,00,000.
09:38Okay. And long-term targets?
09:42Long-term targets?
09:46Okay. So silver is long-term, 3,00,000 to 3,00,000.
09:51Yarni ki abhi bhi optimistic approach lhe karke chal saktay hain gold or silver dono ke liye
09:56Kyunki agar aap eek long-term investor hai, to so na chandi, aapko nirash to nahi karé ga.
10:02Returns thoday se dhimi gatti se zarur budh saktay hain.
10:05Lekin kahi na kahi returns zarur de karke jatay hain dono i asset.
10:08but then we will suggest you to do the investment of our financial advisor.
10:14Thank you so much Renisha for joining us today.
10:17Gold and silver market is very volatile
10:19and that is why our opinions are very important.
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