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Gold, silver prices to track crude oil, buying on dips likely at $85-90/bbl: Chirag Thakkar
In brief
Chirag Thakkar of Amrapali Gujarat expects gold and silver to track crude oil in the short term. He sees crude falling to $85-90 per barrel and more buying on dips. He also spoke about talk of an …
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Why it matters for gold
The report from Cnbctv18.Com focuses on “Gold, silver prices to track crude oil, buying on dips likely at $85-90/bbl: Chirag Thakkar.” The language indicates downside pressure, making it important to distinguish a temporary correction from a broader change in expectations. The cited reference figures — $85 — provide concrete levels to compare with subsequent sessions. Sustained purchases matter more than a one-session price jump because they indicate accumulation rather than reaction alone. The next test is whether the effect remains visible after the first trading session has closed. This is market context, not a price forecast or investment advice.
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