Need not fear Gold at All time highs

Today’s Daily Byte

The first day after Diwali saw the markets slammed. Pataka was burst today, and at one point, the markets were down nearly 500 points but recovered to nearly 300 points. The proverbial head and shoulders pattern was breaking down today, and the nervousness around the US elections is at its peak.

A more worrying factor for the market is the zero profit growth for most Nifty companies. We will discover this in the video below

Reading Time : 4 Minutes

Need not fear Gold at All time highs

Recently, gold prices have been showing a strong upward trend.

Many people often think that high prices are a sign to sell, but this is not always the case. When a chart shows new highs, it often signals that the price may continue to rise. While corrections can happen and trends can change, high prices often suggest that the trend is still strong. This is especially true for gold, which is currently rising even in the face of higher interest rates.. . . . .

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OIL can be a bonus for India in 2025

According to forecasts, the world economy is expected to slow down in 2025. Key economies like India, China, and Russia are predicted to see a drop in their growth rates. For instance, India’s growth is expected to reduce from 7% in 2024 to 6.5% in 2025. China’s growth is forecasted to drop by 0.3%, while Russia’s is expected to fall even further, with a massive decline of 2.3%. On the whole, global growth is projected to remain flat at around 3%.. . . . .

Reading Time : 3 Minutes