00:00Interest Rate की बात हो रही है तो रिनिशा out of curiosity October में RBI की भी policy आने वाली
00:05है
00:05Interest Rate Hike की expectation यहां पर है क्या क्या क्योंकि already बहुत सारे ऐसे देश है जहापे Central Banks
00:12ने Rate Hike कर दी
00:13For specific अगर मैं बात करूँ तो Fed ने Rate Hike की ही की है उसके अलावा Bank of England,
00:18Bank of Japan सब जगा पर Rate Hikes की कबरे हमने सुनी है
00:30जैसे मैंने भी कहा की एक Interest Rate Hike Cycle चल रही है तो इत में हापन की हम इंडिया
00:36में भी
00:37next month देखे है की इंडर्स्रीट हाई का सरता है विकॉस अपाइंफलेशन और इसकी वज़े से हम देखेंगे की रूपी
00:43पर इंपैक्ट आएगा
00:44रूपी ने अरड़ी काफी डेप्रीशिट किया है इस साल from the level of 1991 से करा 96 के आस पास
00:52तो यज यह यह डेप्रीशेशन की वज़े से हमने देखा है कि रूपी डेप्रीशेशन की वज़े से गोल की प्राइज
00:58in India has gained a lot in India rather than if you compare with international prices.
01:05So, 5-6% in India will get more returns in India.
01:09So, yes, it indirectly impacts, if you increase interest rates in India, then it impacts
01:14Rupee, which is a little bit of depreciation, and that's why the price increases domestically.
01:21So I think, yes, one interest rate hike is expected this year from RBI 2.
01:27It could come in October and in the next few months, but yes, it is already discounted
01:32in Rupee.
01:33Rupee is already 96-97 levels touched, so I don't think it will be a lot of impact on
01:39gold and silver, but yes, it can make a lot of pressure.
01:45All right.
01:46One major event is that Xi Jinping is going to meet with Donald Trump, and this meeting
01:53is going to be very important, because China and US, the whole world knows what it is
01:59going on.
02:00Donald Trump shows tariffs on China, and if this meeting is successful, then a lot of tariffs
02:08will be out.
02:09Now, what impact on this successful meeting is that you are seeing bullion market?
02:23Yes, we all know that from last 7-8 years, the US and China relations that are for TOS, and
02:33this is why we are seeing that the tariff season started from China, and gradually, when the
02:43Trump has come to the second power, there have been a lot of tariffs on the other countries.
02:50So, yes, the uncertainty in the market is now being made, when Trump is in power.
02:56In the past 2 years, there are 3 things that are supporting gold and silver prices.
03:03One is tariffs.
03:04Second is Fed's movement.
03:07What will be cut?
03:09What will be cut?
03:10What will be cut?
03:11What will be cut?
03:13What will be cut?
03:13And third is geopolitical tensions.
03:15This is geopolitical tensions.
03:15So, these three things are the biggest uncertainty in the market.
03:18And in the past 4-5 months, you will see tariffs of no news.
03:23It was only geopolitical tensions and Fed's interstate meeting will be cut.
03:28What will be cut?
03:29What will the price will be cut?
03:29And it will be cut.
03:30The price will be cut.
03:32But yes, the tariff of this concern is a very big issue.
03:36What will be meeting is in China?
03:38What will the deal finalized?
03:42What will be tariffs?
03:43What will the other countries will also be tariffs?
03:46These are all important things.
03:48These are all important things.
03:50So, yes, this event is very important.
03:52But I think that we are expecting a big positive.
03:56We don't expect positivity because in U.S. there is a trend of de-dollarization and Trump's nature is that
04:08they want to bring the U.S.
04:10and whatever countries they trade, trade deficits, they will put tariffs on their own.
04:18In spite of this meeting, I think tariffs will be made and they will support the prices.
04:26I don't think so that is going to happen as of now.
04:30Okay, so in all these geopolitical scenarios, traders who invest in the bullion market, what do they have to do?
04:40What is their position size, stop loss or overnight risk?
04:45How do they manage this market?
04:46Yeah, so this market is very difficult for traders.
04:51Let's see, because it has been a range.
04:53As I mentioned earlier, gold is 1,50,000 to 1,50,000.
04:58We are trading in the previous two months.
05:00Silver is the range of 2,30,000.
05:03And over 2,43,000 to 45,000.
05:06So yes, stop losses.
05:08Rekhna, support and short positions.
05:13It will be right for traders.
05:18But I would say that this market is not just for traders.
05:22Not for traders.
05:23You have to do a lot of risk management in this market.
05:27If you play in futures, stop losses.
05:30Your positions would be come down.
05:31So you have to hedge for options.
05:34You have to use some strategies in options.
05:37Like strangle, straddle, protective put.
05:41Covered call.
05:42They will hedge your positions.
05:45So if you play in futures,
05:48You have to hedge your positions in options.
05:52And that is the way you will do position sizing.
05:57And you will not have risk of overnight.
06:00Just keeping a stop loss, that won't help.
06:03Because there is so much volatility in the market,
06:05Stop losses will be reduced.
06:06Rather than keeping a stop loss,
06:08I would recommend that you hedge in options.
06:10And you have to use these strategies.
06:13One last question.
06:14Do you have to trade commodities in futures?
06:17Is it risky?
06:18Or is it possible to trade commodities in futures?
06:20What do you want to do?
06:21Because now people are very interested in gold and silver.
06:25When gold and silver have started to trade returns?
06:28Yes.
06:29In the last year,
06:30We got fast returns to gold investors.
06:34The future market investment through ETFs and SIP.
06:39In the same way you invest in gold.
06:41And you have to get good returns.
06:42So yes,
06:43Everybody is very much,
06:44You know,
06:46They are very attracted to this market.
06:50So yes,
06:52You will get good returns in futures.
06:54But yes,
06:56You have to manage your positions very well.
06:58To you,
06:59You have to manage the amount of money.
07:00You have to manage the amount of money.
07:01You have to manage the amount of money.
07:01You have to have a lot of leverage over-leverage.
07:03Many contracts.
07:06If you have a big moment,
07:08You have to get a lot of impact.
07:10You have to have very much impact.
07:28in gold and silver, then go for ETFs. But if you want more returns, leverage positions
07:34to do more, then you can go for futures. And if you have to experience at least 1-2
07:41years of how the gold market goes, then you can start gold futures. Otherwise, it is
07:48very risky. One trade can wipe out your entire investment money. So, do a lot of
07:55answer if you want to do it in futures.
