Gold is not overpriced from this perspective

Today’s Daily Byte

It was a flattish day again—no significant losses, but no major gains either. So, for the fourth day in a row, we remain stuck in a short-range market. In today’s weekly discussion, we’ll focus on a new closing bell phenomenon that SEBI is redefining. We’ll explore this in the second half of the video, as it’s going to change how we determine closing prices in the market, which will impact a lot of passive funds.

Reading Time : 4 Minutes

Gold is not overpriced from this perspective

There’s an ongoing debate about whether gold is overpriced or poised for further growth. Many analysts point to historical charts, drawing parallels to patterns from 1978, which suggest potential resistance. But the bigger question remains: will this trend halt, or does gold have room to run? To answer this, we must delve into historical price trends and compare them with broader economic indicators. . . . .

Reading Time : 4 Minutes

The narrative will usually lag prices

The chart of Alibaba offers a valuable lesson in investing, particularly about the risks of relying solely on narratives and external analysis. In late September, a surge of optimism swept through markets as institutions like Goldman Sachs upgraded their outlook on China, projecting significant upsides. Investors who followed these reports may have witnessed Alibaba’s stock rise from $85 to $118, only to see it plummet back to $85 within weeks. . . . .

Reading Time : 3 Minutes