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Gold and Silver prices have witnessed significant volatility amid falling crude oil prices, stronger US dollar and rising expectations of a Federal Reserve rate hike. With US October CPI coming in higher than expected, investors are closely tracking the Fed's next move and its potential impact on the bullion market. In this special episode of Commodity Catch, commodity expert Anuj Gupta joins GoodReturns to decode the outlook for Gold and Silver prices and explain whether the recent correction is a buying opportunity or a sign of further downside.

Gold और Silver की कीमतों में आई बड़ी गिरावट के बाद निवेशकों के मन में सवाल है कि क्या यह सिर्फ Profit Booking है या Bullion Market में Trend Reversal शुरू हो चुका है? वहीं, Crude Oil Prices में गिरावट, US Inflation Data और Federal Reserve की संभावित Rate Hike ने Gold-Silver की आगे की दिशा को लेकर अनिश्चितता बढ़ा दी है। GoodReturns के Commodity Catch में Market and Commodity Expert Anuj Gupta से समझिए Gold और Silver का Outlook, MCX और COMEX पर अहम Support और Resistance Levels और निवेशकों के लिए Buying Strategy।

#GoldPrice #SilverPrice #GoldInvestment #SilverInvestment #CommodityMarket #AnujGupta #GoodReturns

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Transcript
00:00Sir, with crude oil, there is another important data that has come on the US economic data, because in this
00:08time, the gold and silver, which is still in the US, depends on the amount of oil and oil.
00:13Bullion is on the pressure, gold and silver are on the pressure. October, which has come on the US, has
00:20come on the month-on-month basis, which was the expectation of 0.3%.
00:28Core CPI is on the 3rd month of 0.3%.
00:33After that, after that, the Fed's statement of the Governor Christopher Waller has come on.
00:39He said that it is on the 25 basis points.
00:43Now, on the 50 basis points of the rate hike, the possibility has also been shown.
00:49This is hotter than expected CPI data.
00:52Here, the rate hike has increased from US Fed.
00:59Sir, you are on mute.
01:02Hello, am I audible?
01:03Yes.
01:03Look, definitely 0.4% month-on-month basis, but if you look at the core CPI, which is 0
01:12.3%,
01:13the last time, the inflation was 0.6%, and the expectation was 0.3%.
01:23But this is worse than the previous time.
01:25It is 0.4%.
01:27So, this means that the target, the expectation was above it.
01:31But the last time, the expectation was above it.
01:39It will take time.
01:42Crude of the opportunity to talk about 10-15.
01:47If we, in fact, the median average on 10-15 days is coming down to settle down to settle,
01:49then I think that the control will not become a good day.
01:56So, look at the Fed meeting at about 20-25 days.
02:02In the 25 days, the data is more than enough to come.
02:05It's more than the expectation of the Fed.
02:08So, your inflation is higher than the Fed.
02:17The expectation is higher than the Fed.
02:18Almost more than 80 percent.
02:21So, the Fed is higher than the Fed.
02:24I am not sure if we will increase interest rates, then we will increase interest rates,
02:31then we will increase interest rates.
02:34Because the interest rates are not higher than the time,
02:38we will not be higher.
02:39If we will increase interest rates, then we will have to have a more support rate.
02:46If you are looking at equity in the market,
02:49the AI sector is quite a good growth,
02:52the market.
02:55So, the market is a very good way to see the market.
02:57So, the market is in a very good way, where you can see a lot of consolidation.
02:59If you have a concrete data or a concrete decision, then the market will be a range-bound
03:05market.
03:06I think that you can see in the coming days.
03:09Okay.
03:10Sir, the rate high is very high.
03:14If we don't take 50 basis points, then the dollar is strong.
03:18The dollar index is 102.
03:21Besides precious metals, there is a pressure on gold and silver.
03:25After that, there is a reason to believe the dollar.
03:28If you look at this, how does the bullion market look at this?
03:33Definitely, there is no chance.
03:35We had seen the starting point in January of 2020.
03:38Now, we are almost on December.
03:42Means, we saw a moment in the previous month.
03:59This but we have seen the market.
04:01This is the market we have seen.
04:03Now, the mites of this market is very strong.
04:04The market has changed ourselves, except for the price-bounded-dollar fund.
04:07Whereas, it was the market for the dollar,
04:10the dollar is extremely low.
04:12The dollar index was $45.
04:14And, it was also very high for the price.
04:14Now, the market was not too high.
04:14I don't want to see the demand concern, but I think that if interest rates will increase,
04:22then they will be rationalized and then they will be able to support.
04:27If we will be able to reduce the amount of money, then we will be able to reduce the amount
04:31of money.
04:32After that, we will be able to see the asset class.
04:35My ultimate goal is to say that gold and silver dips are an opportunity.
04:39I think that we have a huge opportunity to have the opportunity to have a strong opportunity.
04:40Because we are going to think that Trump's way too far,
04:42if we are going to take a war,
04:43we will not have to be a strong aggressive,
04:45I think that we will not have to be a strong aggressive instance.
04:49And then the market will be a support.
04:52Okay.
04:54So, sir, the gold is going to be a profit booking,
04:57or the trend reversal of the start?
05:00I will not say that I will say that I will say that
05:04a lot of recovery will be a recovery.
05:16foreign
05:23foreign
05:24the event.
05:25The event is very big.
05:27The event has been given that people have voted in Trump.
05:31The policies of the market have been taken.
05:33Now, the statement of the Fed and the instance is important.
05:37The election results of the Fed is thinking about the Fed and the instance of the Fed.
05:43If the Fed says that Trump doesn't have power, the crude can't be down,
05:48then the referendum will be given.
05:50Then the interest rate will be given to the Fed.
05:54So then you will see a good rally in the gold receiver.
05:56Now the next important event is the Fed event which is almost 8 or 9 December.
06:03And then you will see a moment of interest rate.
06:05If you don't need interest rates,
06:06or you will say that we will not increase interest rates,
06:09we will cut into the gold receiver,
06:12then you will see a recovery in the gold receiver.
06:14Sir, you will say that we will not increase interest rates.
06:18Now in the case, there are indications that we will increase interest rates
06:24from 50 basis points.
06:26Christopher Worrell is saying that,
06:28Sir, if there are 50 basis points,
06:31then the immediate reaction will be sell-off or buying?
06:36Look, it will be sell-off,
06:37because the market is generally 0.25,
06:40but to discount it 0.50,
06:43because the higher interest rates will increase,
06:46it will take time to cut it.
06:47So if it will increase,
06:48if it will increase 0.50,
06:50then I am expecting that,
06:51then you will see a big sell-off,
06:53about 100-500 points,
06:55or 200 dollars to sell-off in gold,
06:57or silver,
06:58and about 5-7 dollars to sell-off.
07:01So ultimately,
07:02the Fed statement will be a lot of react,
07:05that it will be a good stance.
07:07Basically,
07:08interest rates are cut.
07:09That is not important.
07:10It is not important.
07:11It will be an economic outlook.
07:13If they say that,
07:15we will cut 50% greater,
07:17but if they say that,
07:18we will cut the interest rate
07:20and cut an aggressive interest rate.
07:24Then you will have a support in the market.
07:26I will see you in the market.

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