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Gold Price Jumps Further On Deepening Middle East Tensions.

Gold demonstrated resilience in the face of geopolitical tensions, settling up by 0.13% at 62447 amid the escalating Middle East crisis. The catalyst for this upward movement was the pledge by US President Joe Biden to retaliate against unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. This geopolitical uncertainty has traditionally driven investors towards safe-haven assets like gold. However, the precious metal’s future trajectory appears uncertain as investors eagerly await the Federal Reserve’s (Fed) interest rate decision, scheduled for Wednesday. The Fed to maintain interest rates in the 5.25%-5.50% range, citing consistently easing price pressures.

मध्य पूर्व में तनाव गहराने से सोने की कीमत में और उछाल।

बढ़ते मध्य पूर्व संकट के बीच, सोने ने भू-राजनीतिक तनाव के सामने लचीलापन दिखाया और 0.13% बढ़कर 62447 पर बंद हुआ। इस ऊर्ध्वगामी आंदोलन के लिए उत्प्रेरक अमेरिकी राष्ट्रपति जो बिडेन द्वारा सीरियाई सीमा के पास, उत्तरपूर्वी जॉर्डन के पास अमेरिकी सेवा कर्मियों पर मानवरहित हवाई ड्रोन हमलों के खिलाफ जवाबी कार्रवाई करने की प्रतिज्ञा थी। इस भू-राजनीतिक अनिश्चितता ने पारंपरिक रूप से निवेशकों को सोने जैसी सुरक्षित-संपत्ति की ओर प्रेरित किया है। हालाँकि, कीमती धातु का भविष्य प्रक्षेपवक्र अनिश्चित प्रतीत होता है क्योंकि निवेशक बुधवार को होने वाले फेडरल रिजर्व (फेड) के ब्याज दर निर्णय का उत्सुकता से इंतजार कर रहे हैं। लगातार कम हो रहे मूल्य दबाव का हवाला देते हुए फेड ने ब्याज दरों को 5.25%-5.50% के दायरे में बनाए रखा है।

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Gold Price Jumps Further On Deepening Middle East Tensions.

Gold demonstrated resilience in the face of geopolitical tensions, settling up by 0.13% at 62447 amid the escalating Middle East crisis. The catalyst for this upward movement was the pledge by US President Joe Biden to retaliate against unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. This geopolitical uncertainty has traditionally driven investors towards safe-haven assets like gold. However, the precious metal’s future trajectory appears uncertain as investors eagerly await the Federal Reserve’s (Fed) interest rate decision, scheduled for Wednesday. The Fed to maintain interest rates in the 5.25%-5.50% range, citing consistently easing price pressures

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Short term and Intraday Level of CRUDEOIL.

Currently Crudeoil is in HOLD LONG position In short term Crudeoil is in strong up trend so hold with stop at 6297 The Crudeoil is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend– Buy is advised above 6590.4 with a stop at 6415.5 Below 6366 go for sell with a stop at 6540.7
Intraday Resistance of CRUDEOIL are 6527.6 : 6577.2 : 6659.6 : 6599.3 : 6616.2
Intraday Support of CRUDEOIL are 6428.4 : 6378.8 : 6296.4 : 6357.8 : 6341.3

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CommodityResistanceSupport
Gold 6299562268
Silver7271871965
Crude Oil65276428
Natural Gas175.5172.3
Copper731.9728
Zinc227227

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Gold Price Jumps Further On Deepening Middle East Tensions. From:- www.dollarcommodity.com Call Us : – 7417355770, 7902045385, 9258311443

  • Gold demonstrated resilience in the face of geopolitical tensions, settling up by 0.13% at 62447 amid the escalating Middle East crisis. The catalyst for this upward movement was the pledge by US President Joe Biden to retaliate against unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. This geopolitical uncertainty has traditionally driven investors towards safe-haven assets like gold. However, the precious metal’s future trajectory appears uncertain as investors eagerly await the Federal Reserve’s (Fed) interest rate decision, scheduled for Wednesday. The Fed to maintain interest rates in the 5.25%-5.50% range, citing consistently easing price pressures. 

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Copper Gains Due To Optimism On Policy Support In China…

Copper prices closed 0.34% higher at 731.95, buoyed by optimism stemming from policy support in China, the world’s leading consumer of the metal. The Chinese central bank’s significant cut to bank reserves, injecting approximately $140 billion into the banking system, signalled strong support for the country’s fragile economy. Additionally, reports of a 2 trillion yuan stabilisation fund aimed at purchasing shares onshore through the Hong Kong exchange link contributed to positive market sentiment. 

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In the Evening News is the Loud Ringing of a Closing Bell, Signaling the Closing of the Day’s Trading.https://www.smarttradecalls.com/| 7668674900

Market Close:

Benchmark indices ended lower in the volatile session on January 30 with Nifty around 21,500.

At close, the Sensex was down 801.67 points or 1.11 percent at 71,139.90, and the Nifty was down 215.50 points or 0.99 percent at 21,522.10. About 1897 shares advanced, 1333 shares declined, and 68 shares unchanged.

Top losers on the Nifty were Bajaj Finance, Titan Company, UltraTech Cement, NTPC and Bajaj Finserv, while gainers were Tata Motors, BPCL, Grasim Industries, Eicher Motors and Adani Enterprises.

Among sectors, except realty and PSU Bank, all other indices ended in the red with capital goods, FMCG, pharma and power down 0.5-1 percent.

BSE Midcap index shed 0.5 percent and Smallcap index ended on a flat note.

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