US में Recession का डर! Gold Prices पर क्या असर, कहां तक जाएगा भाव? |GoodReturns

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अमेरिका में मंदी की आशंका, मिडिल ईस्ट में बढ़ते तनाव जैसे फैक्टर्स ने इक्विटी मार्केट, करेंसी मार्केट समेत बुलियन मार्केट में भूचाल ला दिया. सोमवार को भारत से लेकर अमेरिका तक सभी बाजारों में भारी करेक्शन दर्ज किया गया. फिर शाम होते होते पड़ोसी मुल्क बांग्लादेश में तख्तापलट की घटना ने हिला दिया. राजनैतिक उथलपुथल से भारत और बांग्लादेश की ट्रेड पॉलिसी पर कितना असर पड़ेगा? डॉलर के मुकाबले रुपए की चाल आगे कैसी रहेगी और बुलियन मार्केट में बुल रन रहेगी या फिर रफ्तार धीमी पड़ जाएगी. इन सब पर गुड़रिटर्न्स हिंदी ने केडिया एडवाइजरी के डायरेक्टर अजय केडिया से बातचीत की.       #bangladeshcrisis #bangladeshprotest #sheikhhasinaresign #sharemarket #globalrecession #USrecession #sharemarkettoday                  ~HT.178~PR.147~GR.124~ED.148~

Transcript

00:00Let's look at the bullion market. In the beginning, there was a slight correction but now there is a correction

00:09What is your outlook for the short term and long term?

00:13We have heard that whenever there is a geopolitical tension or a pandemic or a global event

00:23there is a buying on safe haven which means buying on gold. For example, when the pandemic was declared in 2020

00:30there was a big correction in the equity market and also in gold and silver

00:35because to cover the loss in equity, the asset class that is making profit, there is selling

00:42If I look at the COVID period, the fall in gold and silver in March-April

00:47and the rise in gold from Rs. 28,000 to Rs. 56,000 in August 2020, there was a big rally

00:54Similarly, if we talk about the bullion today, we saw a duty cut last month

01:03because of that adjustment, there was a big fall in gold and silver in the domestic market

01:07but we did not see a recovery in the prices because the demand in the physical market increased

01:11and now we are seeing that there is an uncertainty in the global and domestic equity market

01:18I think gold should get the benefit but because of yesterday's fall, there could be a severe volatility in the market

01:26due to which there is a bit of panic but in the short term and long term, I think gold should continue to rise

01:32If we talk level wise, I think gold has become a strong base of Rs. 65,000-66,000

01:38We saw a low of Rs. 61,000 in February and now it will become a new base of Rs. 65,000-66,000

01:47On the higher side, I think by the end of the year, due to geopolitical tension, de-dollarization, carry trades

01:55we will see gold recover from 75,000 to 76,000 in April-May

02:02You are saying that gold will have a bull run but I think it will have a tiger run

02:08because as the tension in the middle east is increasing, I think gold will increase even more

02:13How far do you think gold will go by Diwali and what is your target by the end of the year?

02:17Like I was saying, we saw a fall in the duty adjustment in the domestic market

02:23but the geopolitical tension is increasing in the international market

02:27China and India are also having an impact due to the inflation

02:32The geopolitical tension is increasing, the central bank is buying and there is inflation

02:37If we talk about the year end, I think we will be able to cross the 74-75 zone easily

02:46We might see a new high this year

02:50What is your target for Diwali?

02:54The volatility is high and the rate cut in September, we know that in October only we will have Dhanteras and Diwali

03:02I think if the rate cut comes in September, we will be able to cross the 74,000 level easily

03:10Volatility is severe, don't worry about it

03:13As we do SIP in equity, we put some money every month

03:17For long term investors, do GIP, like we do monthly investment

03:23Put some money in gold every month and we will be able to cross the 74-75 zone by the end of the year

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