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Abhishek Bansal

Joined: Jan 08, 2021
  • Analysis & Opinion

Abhishek Bansal's Opinion & Analysis
A complete archive of Abhishek Bansal's articles, including current analysis & opinion.

Silver Outlook  Silver prices rallied to the highest level in more than two weeks on the backdrop of weakness in the dollar index and positive global economic data which are supportive of industrial...
Crude oil prices bounced after the IMF upgraded the global growth forecast for the year as vaccinations become the driving force for hundreds of millions of people. Positive economic growth is likely...
LME copper prices hovering near $9,000 per mt which have bounced from the recent low of $8,696 per mt after Chile closed its borders over a spike in coronavirus infections. Supply concern from Chile...
Natural gas prices are currently trading near $2.551 which is sharply lower from a recent high of $2.688 which was registered on Mar. 30. However, NG prices are still higher from a recent low of...
Gold prices are trading with minor gains from the previous week on the backdrop of some correction in the dollar index. However, the gold rally is likely to be halted due to strength in global...
Silver to continue negative trend while below key resistance level of $25.86  Silver prices drifted lower after a rally from yesterday’s low of $23.74, rally in stock and bond yield is likely to keep...
Natural gas price has bounced from the recent low of $2.422 and is likely to continue its negative trend on the outlook for above-normal US temperatures, which is likely to reduce heating demand....
Oil prices have rebound from the recent low of $57.25 and currently sustaining near $61. Crude oil prices have received support from speculation that OPEC+ will agree to maintain its crude production...
Strength in bond yields and the dollar index is keeping gold prices under pressure. The dollar index rallied above four-month high and bond yields continued a recovery rally. The US 10-year Treasury...
A rally in the dollar index on Thursday to a 4-1/4 month high have pushed crude oil prices lower but it is likely to trade near $60 on mixed fundamentals.  The rising number of global coronavirus...