Chaman Metallics Limited IPO Message Board (Page 32)

Sir i short bhav badhane vala he right?
Ab ipo me invest kre ya sona chandi biscut kharide?

@abc xyz,
Please suggest Gold and silver which fund invest for sip purpose.
Preferred Gold and silver otherwise both of them.
Thanks

@ Dharmendra
You won't believe that I have started investing in Gold from the rate of 27000/ per 10 gram and still continues to buy it whenever it goes down. You all may be aware that most of the central banks of the world have invested lot in the Gold and Russia is the biggest buyer of the Gold. 2023 would be definitely for Gold & Silver.
Our portfolio may be balanced so that it can absorb the any type of shocks.
Start thinking about Gold & Silver with Stocks.

When I wrote previous message at that time Gold was trading @ US $ 1823 and stock market was also doing good ( in green) but today Gold is crossing $ 1865 and stock market is going in red only since 3 days. Some experts says that Gold is going to touch $ 1900 level soon. Let's see

Gold prices are up and hit a fresh seven-month high in early U.S. trading Monday. Silver prices are mostly up. Solidly higher crude oil prices and a drop in the U.S. dollar index are working in favor of the precious metals market bulls to start the trading week. February gold was last up $10.20 at $1,880.10 and March silver was up $0.093 at $24.065.

Global stock markets were mostly higher overnight. U.S. stock indexes are pointed toward firmer openings when the New York day session begins. Trader and investor risk appetite is keener to start the trading week, following a "Goldilocks" U.S. jobs report last Friday that hints the U.S. economy this year just may come in for a so-called soft landing, instead of going into recession, amid an aggressive monetary-policy-tightening program from the Federal Reserve. Also, spirits are upbeat as China continues to open up its borders and its economy, including opening travel between Hong Kong and mainland China. The above suggests better prospects for the global economy in 2023, which would translate into better demand for metals.

The key outside markets today see the U.S. dollar index lower. Nymex crude oil futures prices are solidly higher and trading around $76.25 a barrel. Meantime, the yield on the benchmark U.S. 10-year Treasury note is presently fetching around 3.597%.

You were and are right.. Even central banks are accumulating gold now.
And this data comes at 1 month delay.

So overall you gave a true call. Nice work. Keep it up.

Gold at near all time high