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UBS on Monday raised its gold target price to $5,000 an ounce over the first three quarters of 2026, before expecting prices to moderate to $4,800/oz by end-2026, up from its earlier forecast of $4,300/oz.
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News and Media
Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silvers meteoric year-to-date surge.
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News and Media
Dalal Street enters a subdued holiday mood as 2025 concludes, with benchmark indices struggling for momentum and trading sideways. Market experts suggest a 'buy on dip' strategy for Nifty and Bank Nifty, focusing on stock-specific opportunities, particularly in the metals sector. Tata Steel and HPCL are highlighted as promising picks for near-term gains.
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News and Media
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