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Chintan Karnani

Chintan Karnani Articles

Metals are volatile over renewed fears of new variants of covid. Some traders are sitting on cash or exiting quickly on their trades on the uncertain economic impact of covid. Gold is firm and copper and crude oil sold off yesterday due to...
Let’s talk gold. The Federal Reserve meeting will be over today. Gold price has risen this quarter on the back of rising inflation and very high probability of sustained hyper-inflation. A weaker US dollar Index. Bond yield forming a long...
Price moves in all-metal futures will be two-way. Reasons are (a) Gold June's future expiry. (b) Base metals futures expiry. (c) US first-quarter GDP number of Thursday can reverse the current trend of precious metals and base metals. (d)...
Sell off in bitcoin and crypto currencies suggest gold and silver will now be able to break past key resistances of $1878 and $28.00. There will be a very quick rise on a break of these resistances.

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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