Asian Metals Market Update for 11th March

March 11, 2025

I would prefer to be on the sidelines in gold and silver. The inability to rise can cause a sell-off at any time. Lots of news is there to digest and evaluate the impact from a short-term trading perspective. Bond yields of Germany, France, and Italy. Recession concerns in the USA due to Trump policies and Trump policy inconsistency. Asian countries are also concerned about the economic impact of Trump’s dictatorship policies of converting Asia into a dumping ground for American goods.

A huge rise in gold call options (in near dated maturity and far dated maturity as well) has been witnessed there is CME and probably in almost every exchange globally. I believe that a bubble is nearing in gold call option buying. It can result in a softer price trend to a range-bound price trend for the rest of March.

The Easter price trend is very important from a long-term investment perspective. (in all asset classes). By the end of Easter, we will know how much trade tariff has been imposed by the Trump administration and the subsequent retaliatory trade tariff.

I am firmly against making short-term investment decisions on recession concerns in the USA and/or interest rate cuts by the Federal Reserve in June and thereafter meetings.

This is a very difficult time for short-term traders and medium-term investors. Use a strict trailing stop loss with a target price. No stop loss, no trade, come what may. Put up a very big wall between intraday trades and medium-term investments.

SPOT SIILVER – current price $32.16

Spot silver has to trade over $31.80 today to rise to $33.10 and more.
Crash or sell off will be there only if spot silver trades below $31.80 today.
Views are intraday.

Disclaimer

The investment ideas provided is purely independent view point and are solely for collective learning and for academic interests. There is no commercial benefit accruing or have deemed to accrue to me out of providing such investment ideas.
The investment ideas shared here cannot be construed as investment advice or so. If any reader is acting on these advices, they are requested to apply their prudence and consult their financial advisor before acting on any of the recommendations made here. I am not responsible to anybody in the event of profits and losses (if any) upon acting on such advice.
I hope that our reader is aware about this well aware of the risk involved in trading in commodity derivative trading.

Disclosure: I trade in India's MCX commodity exchange. I have open positions in India's MCX commodity future. I do not trade in CME future or OTC spot gold and spot silver.

NOTES TO THE ABOVE REPORT