Mumbai, Gold prices remained largely steady on Wednesday as improving prospects of easing geopolitical tensions between the United States and Iran kept investor sentiment in check.

During early trade, MCX gold May futures were marginally higher by 0.02 per cent at Rs 1,53,305 per 10 grams.

Commenting on gold technical outlook, experts said that a sustained move above Rs 1,55,000 could revive momentum toward Rs 1,57,000-Rs 1,58,000.

“On the downside, a break below Rs 1,54,000 may lead to a corrective move toward Rs 1,52,000 and further to Rs 1,50,000,” an analyst stated.

Silver prices, however, saw stronger buying interest, with MCX silver May futures rising 0.83 per cent to Rs 2,54,842 per kg.

“Resistance is placed at Rs 2,60,000–Rs 2,63,000, with further upside toward Rs 2,68,000–Rs 2,70,000,” a market expert said.

“A sustained move above these levels could strengthen momentum and support further gains. On the downside, a break below Rs 2,48,000 may lead to a corrective move toward the Rs 2,44,000–Rs 2,40,000 range,” as per an analyst.

In the previous session, gold had ended flat at Rs 1,53,216 per 10 grams, while silver futures slipped 0.1 per cent to Rs 2,25,499 per kg.

Globally, the yellow metal held on to its recent gains amid optimism that Washington and Tehran could move towards a negotiated settlement to the conflict that began on February 28.

The easing of tensions has reduced fears of a sharp energy-supply shock, which had earlier raised concerns about inflationary pressures.

Spot gold hovered near $4,850 an ounce after rising as much as 0.6 per cent during the session. The metal had surged over 2 per cent in the previous trading session on expectations that the US and Iran may soon hold a second round of ceasefire talks.

US President Donald Trump has indicated that negotiations could resume “over the next two days,” further boosting hopes of a diplomatic breakthrough.

Despite the recent stability, gold has faced pressure in recent weeks, falling nearly 8 per cent since the conflict began.

Early in the crisis, a liquidity squeeze prompted investors to offload bullion holdings to cover losses in other asset classes.

Mumbai: The Constitution has given its rights to the oppressed and Muslims. Through reservation, Dr. Babasaheb Ambedkar has eliminated the difference between the weak and the strong. He has given equal rights to everyone in the Constitution. Today, efforts are being made to abolish the Constitution of Dr. Babasaheb Ambedkar. Such views were expressed by Member of Parliament Abu Asim Azmi today on Ambedkar Jayanti. He said that today, Dr. Babasaheb Ambedkar’s Constitution is the basis on which even the weakest person in the country can raise his voice against the powerful of the country, but attempts are being made to suppress this constitutional right. Whenever there is a problem, a double-edged sword is adopted towards the ruling party and the opposition. This is completely wrong. The Constitution has taught us the lesson of equality and equity. We will continue to fight to the last drop of our blood to ensure the protection and development of the Constitution. He said that Dr. Babasaheb Ambedkar has also given us the skill of upholding the Constitution and democratic values ​​and he has given equal status to everyone. But unfortunately, today the government is plotting to abolish reservation and this is the reason why inequality has arisen in the country. Communalism is on the rise and this is the reason why there is an atmosphere of hatred in the country. The Constitution has never discriminated in the country, but today those in power are trying to weaken the constitutional values.

Mumbai: Dr. Babasaheb Ambedkar’s contribution in the formation of modern India is unparalleled. Bharat Ratna Dr. Babasaheb Ambedkar saw education as the most effective means of freedom. He established colleges that catered to socially and economically backward students and played a very important and influential role in spreading education to the weaker sections of the society.
Even as the Chairman of the Drafting Committee of the Constitution, Bharat Ratna Dr. Babasaheb Ambedkar ensured constitutional provisions like fundamental rights, abolition of untouchability. Dr. Ambedkar was a pioneer of equality. He supported women’s rights, advocated equal opportunities in education, property and personal freedom. Governor Jishnu Dev Verma, while saluting this great man, said that it was because of him that India gave equal voting rights to women from the first day of its Republic.
On this occasion, Governor Jishnu Dev Verma said, “I am happy to know about the progress of construction of a grand memorial dedicated to Bharat Ratna Dr. Babasaheb Ambedkar at Indo Mill Compound.
Sunetra Ajit Pawar, Mayor Ritu Tawde, Ministers Prakash Ambedkar Bhim Rao Ambedkar, and other dignitaries today paid floral tributes at the Dr. Babasaheb Ambedkar Chetiya Bhoomi Memorial in Dadar.
Chairman of the Legislative Council Prof. Ram Shinde, Deputy Speaker of the Legislative Assembly Anna Bansude, Minister for Cultural Affairs and Information Technology and Minister in-charge of Mumbai Suburban District Ashish Shelar, Minister for Skill Development, Entrepreneurship and Innovation and Joint Minister in-charge of Mumbai Suburban District Mangal Prabhat Lodha, Minister for Food, Civil Supplies and Consumer Protection Jachgan Bhujbal, Minister for Social Justice Sanjay Sharasat, Minister for Soil and Water Conservation Sanjay Rathore, Former Minister Vijay (Bhai) Girkar, Chief Secretary of the State of Maharashtra Rajesh Agarwal, Principal Secretary, Social Justice Department Dr. Harshdeep Kamble, former MP Rahul Shivale, All India Bhikkhu Sangh President Dr. Rahul Bodhi Mahathru, former Minister Deepak Kesarkar, Municipal Commissioner Ashwini Bhide, Konkan Divisional Commissioner Rubel Agarwal, Director General of Police Dr. Sadanand Datta, Deputy Commissioner (Zone 2) Prashant Sapkale, Assistant Commissioner of G-North Division Vinayak Vijpute, Dr. Babasaheb Ambedkar’s grandson Bhimrao Ambedkar, Dr. Babasaheb Ambedkar Mahapari Nirvana Day Coordination Committee General Secretary Nagasin Kamble, etc. along with dignitaries from all walks of life and followers of Dr. Babasaheb were present in large numbers. Chief Minister Devendra Fadnavis said on the occasion, “The more we salute Dr. Babasaheb Ambedkar, the bigger the change we can bring. Because Bharat Ratna Dr. Babasaheb Ambedkar has shown us how much of a revolution one person can bring about. Bharat Ratna Dr. Babasaheb Ambedkar is such a personality that if the most programs are organized on the occasion of the birth anniversary of any person in the world, then Bharat Ratna Dr. Babasaheb Ambedkar” Ratna Dr. Babasaheb Ambedkar We get to see these programs in every corner of the world and these programs in a way pay tribute to his work.
Bharat Ratna Dr. Babasaheb Ambedkar had mentioned the need for a central bank in India in his article “Issues of the Indian Rupee”. Secondly, he had said that for years our currency (currency) has been running on the silver standard, it should be abolished and made the gold standard. And thirdly, he had said that do not look at the exchange rate, look at the purchasing power of the currency.
The proposal made by Bharat Ratna Dr. Babasaheb Ambedkar in 1923 is becoming the most important in today’s global economy.
Our Constitution has built our economy and that is why we are now the third economy in the world and soon we will be the second and first. We will get a position on the side. Our Constitution is the direction of this development and the author of this Constitution is Bharat Ratna Dr. Babasaheb Ambedkar.
Deputy Chief Minister Eknath Shinde, while interacting with the audience in today’s program, said, “Today, Bhimsagar has flown over the Chetiya Bhoomi. And I salute all this Bhimsagar. Today, we have all gathered to bow down to the Sun of Wisdom, we have gathered to salute it. This is not only Ambedkar’s birth anniversary, but also a celebration of the conscience and self-respect of the entire India. Babasaheb gave self-respect to the country. Babasaheb did the work of showing the direction of equality and humanity. Babasaheb is not only the architect of the Constitution, but he is also the architect of humanity first and foremost.