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Praveen Singh

Praveen Singh

Praveen Singh

Praveen Singh is an associate vice president of fundamental currencies and commodities at Sharekhan by BNP Paribas.

Praveen Singh is an associate vice president of fundamental currencies and commodities at Sharekhan by BNP Paribas.

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Praveen Singh

Silver trading strategy: Support at Rs 86,700, resistance at Rs 91,100

With a constrained supply growth and rising industrial usages, silver is mostly headed for a fifth straight year of deficit in 2025

Silver trading strategy: Support at Rs 86,700, resistance at Rs 91,100
Updated On : 27 Dec 2024 | 11:15 AM IST

Here's how to trade Gold on December 27; Check support, target and more

On December 26, spot gold rose on flattish US Dollar and mixed US weekly job data

Here's how to trade Gold on December 27; Check support, target and more
Updated On : 27 Dec 2024 | 11:10 AM IST

Silver prices: White metal slips over 5% in 2 days; check trading strategy

Silver price today: Outlook for Silver remains weak, but it is looking somewhat oversold currently; hence, caution is warranted in selling

Silver prices: White metal slips over 5% in 2 days; check trading strategy
Updated On : 20 Dec 2024 | 10:55 AM IST

Gold prices to remain under pressure in near-term; check key levels

Gold price today: Bears eye $2537 (Rs 74,000), the cycle-low made on November 14, for Gold. Resistance is at $2630 (Rs 76,700)

Gold prices to remain under pressure in near-term; check key levels
Updated On : 20 Dec 2024 | 10:40 AM IST

Silver price today: 'Rally after US Fed's rate cut may be short-lived'

Silver price today: The metal may briefly dip to $29.65 level (Rs 88,500) in the near-term, though downside may also be limited as China's stimulus hopes will support the metal

Silver price today: 'Rally after US Fed's rate cut may be short-lived'
Updated On : 18 Dec 2024 | 11:44 AM IST

Gold price today: How to trade gold ahead of US Fed rate decision tonight?

Gold price today: Spot gold is likely to consolidate ahead of the US FOMC monetary policy decision due tonight

Gold price today: How to trade gold ahead of US Fed rate decision tonight?
Updated On : 18 Dec 2024 | 11:29 AM IST

Gold price rally to slow in 2025? Sharekhan analyst says sell metal on rise

Gold price today: The World Gold Council, in a report released on December 12, stated that after a record-breaking year of 2024, the metal is expected to rise at a slower pace in 2025

Gold price rally to slow in 2025? Sharekhan analyst says sell metal on rise
Updated On : 13 Dec 2024 | 11:12 AM IST

Silver price today falls over 2%; here are key support, resistance levels

Silver price today: Lack of China's specific details is bearish for Silver

Silver price today falls over 2%; here are key support, resistance levels
Updated On : 13 Dec 2024 | 10:58 AM IST

Silver to test stiff resistance at $31.75; here's what Sharekhan suggests

Spot silver is changing hands at $31.37, up around 0.22 per cent on the day, at the time of writing this report

Silver to test stiff resistance at $31.75; here's what Sharekhan suggests
Updated On : 06 Dec 2024 | 12:10 PM IST

Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data

Spot gold at the time of writing this report is trading at $2,631, down nearly 0.76 per cent on the day

Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data
Updated On : 06 Dec 2024 | 12:03 PM IST

Sharekhan suggests buying silver on dips amid geopolitical concerns

As industrial commodities remain under pressure due to lack of China's fiscal stimulus and concerns over trade friction, silver will rely on geopolitical development for its upward traction

Sharekhan suggests buying silver on dips amid geopolitical concerns
Updated On : 29 Nov 2024 | 12:28 PM IST

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'

Spot gold is expected to be choppy on crosscurrents of haven demand on geopolitical worries and healthy risk appetite

Gold to trade choppy amid war tensions; Sharekhan suggests 'Buy on dips'
Updated On : 29 Nov 2024 | 12:22 PM IST

Silver consolidating after steep decline; here's what Sharekhan suggest

The metal consolidated its losses on Tuesday and was trading nearly 0.18 per cent up at $30.36 at the time of writing this report

Silver consolidating after steep decline; here's what Sharekhan suggest
Updated On : 27 Nov 2024 | 9:54 AM IST

Gold to range trade in near-term; Sharekhan suggests 'Buying on dips'

The metal, closing 3.22 per cent lower at $2625 on November 25, traded between $2,605 and $2,642 on Tuesday and was down by nearly 0.20 per cent to trade at $2,620 at the time of writing this report

Gold to range trade in near-term; Sharekhan suggests 'Buying on dips'
Updated On : 27 Nov 2024 | 9:49 AM IST

Silver is poised to trade with positive bias in near-term: Sharekhan

Traders are concerned that the Russia-Ukraine war is likely to take dangerous turns on escalating tensions

Silver is poised to trade with positive bias in near-term: Sharekhan
Updated On : 22 Nov 2024 | 10:34 AM IST

Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn

Spot gold, at the time of writing this report, was trading nearly 0.77 per cent higher at $2,670, as it extended its rally to the fourth straight day

Gold price: Yellow metal rallies as Russia-Ukraine war takes ominous turn
Updated On : 22 Nov 2024 | 10:29 AM IST

Silver may fall to $29 in near-term; here's how to trade white metal today

With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken

Silver may fall to $29 in near-term; here's how to trade white metal today
Updated On : 13 Nov 2024 | 11:29 AM IST

Gold likely to be under pressure in near-term; check support levels

Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over the US growth prospects with Trump at the helm

Gold likely to be under pressure in near-term; check support levels
Updated On : 13 Nov 2024 | 11:19 AM IST

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut

Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan

Gold rate today: Analyst advises 'Sell on rally' for Gold post Fed rate cut
Updated On : 08 Nov 2024 | 10:34 AM IST

Here's how to trade Silver on November 08; Check resistance, support here

The Fed cutting rates despite citing strong growth will put the focus back on inflation. The US bonds are quite volatile. Yields are likely to spike again on growth expectations and deficit concerns

Here's how to trade Silver on November 08; Check resistance, support here
Updated On : 08 Nov 2024 | 9:15 AM IST