Bogus Doctor, Matthew Lani's METRO FM interview denounced by listeners
METRO FM listeners did not take kindly to the interview with bogus doctor Matthew Lani on South Africa's biggest commercial station.
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METRO FM listeners did not take kindly to the interview with bogus doctor Matthew Lani on South Africa's biggest commercial station.
On DXY, Mohammed Imran, Research Analyst at Sharekhan said that the dollar index was drifting towards the resistance of 103 while the 10-year UST yields were hovering near 4.18%, their highest since November 2022, and may further see spot gold prices pushing towards support of $1,900. "Without major economic data, we expect gold prices to hold a range-bound trading session for the day. Support is at $1,900/$1,890 while resistance is at $1,930/$1,950," Imran said.
Praveen Singh – Associate Vice President, Fundamental Currencies and Commodities at Sharekhan expects gold to remain largely range-bound ahead of the US Federal Reserve monetary policy decision.
Gold August futures have support at Rs 59,350 - Rs 59,200 and resistance at Rs 59,750 - 60,060. Meanwhile, Silver September futures have support at Rs 75,000 - Rs 74,500 and resistance at Rs 75,900 - Rs 77,000, Khare said.