The decline in ETF activity is linked to rising real interest rates in the US, which reached a 15-year high of 2.47% for 10-year TIPS. This trend has diminished the appeal of non-yielding gold, indicating that the recent 9% increase in gold prices since October 6th was primarily due to speculative safe-haven demand
Tech View: Minor pullback rally likely in Nifty, crucial resistance at 24,750. How to trade on Monday
Tejas Shah, Technical Research Analyst at JM Financial & BlinkX, noted that Nifty has support at 24,100 and 24,000, with immediate resistance at 24,450-500 and