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According to the Rudra Investment Commodity Expert. The good days of jewelry businessmen have come now. Sector believes that the note of the captive, GST, and other policy changes is over. The situation has improved so much that this season is expected to increase jewelry sales by at least 25 percent in the season beginning from Akshay Tritiya. Although the jewelers believe that the sector is in dire need of stability and it will come from the government's policy.

GJF i.e. James & Jewellery Federation estimates that the jewelry sector is currently 4.5 lakh crore and by 2025, it is expected to reach 8 lakh crore rupees. Experts say exports will be a major contributor to this growth.

The government is also bringing a new gold policy to help the James and Jewellery sector, and the government has sought advice from the industry body for this. The experts say that if the government wants to stop black marketing completely, then he should pay attention to customs duty.

Not only the market, experts also believe that this year, the price of gold will increase rapidly and this will benefit the investors as the market will also grow faster. That is, how true gold is this year, it will be clear.

           

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Controls in Gold What Are The Strategy

Gold is trading in a small area today, with its weakness in the dollar, its prices have little support. However, pressure on crude oil is being seen due to the increase in inventory in the US. Speaking of base metals, prices of metals in Shanghai are mixed.

Now the matter of Agri, where Skynet today gave a general monsoon estimation. Skynet says that between June and September this year, 100 percent of monsoon is estimated. Sky Met said in its report that the probability of less rainfall than usual this year is 20 percent, the probability of more than normal rainfall is 20 percent and the probability of heavy rainfall is 5 percent. According to Skynet this year there is no possibility of drought. Not only this, this time the onset of rain will be on time too.

According to Skynet, in June, more than 60 percent of the normal rainfall is normal, in June 30 percent of normal rainfall and only 10 percent of rainfall is less than normal in June. In July, the normal rainfall is 55 percent, in July it is expected to have 15 percent more rainfall than normal. In August, 55 percent of normal rainfall and 60 percent of normal rainfall in September.

Investment advises of Rudra Investment Commodity Expert

Gold MCX (June): Buy - 30600, StopLoss - 30500, Target - 30850

Silver MCX (May): Buy - 38400, StopLoss - 38200, Target - 38800

Copper MCX (April): Sell - 442, StopLoss - 445, Target - 435

Zinc MCX (April): Sell - 214, Stoplaus - 216, Goal - 210

Lead MCX (April): Sell - 157, Stoplaus - 158, Goal - 153

Nickel MCX (April): Sell - 880, StopLoss - 890, Goal - 865

           

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