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Octafx reduces the spreads by 15% on financial instruments

Intraday Chart Tips

WikiFX

| 2023-07-31

Abstract：Powered by WikiFX: (GOLD, EUR/USD, USD/JPY and GBP/USD) Technical Analysis July 31 , 2023

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Octafx reduces the spreads by 15% on financial instruments

India’s Love Affair with Gold: Investment Demand Rises 40% of Consumption in CY25

In the latest news that further establishes India as the destination for gold, the data issued by CareEdge Ratings demonstrated the country’s never-ending love for the yellow metal with a record investment surge of approximately 40% of overall consumption in Calendar Year 2025. This is arguably the highest in recent times. The ETF inflows alone added 37.5 tonnes, surpassing the combined investment of the last ten years. According to the ratings agency, geopolitical uncertainty and record prices made people quickly move away from jewellery.

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WikiFX Express

Octafx reduces the spreads by 15% on financial instruments

India's Power Grid's profit slips on subdued transmission demand

Intraday Chart Tips

Octafx reduces the spreads by 15% on financial instruments

India's Power Grid's profit slips on subdued transmission demand

Further Reading

India’s Love Affair with Gold: Investment Demand Rises 40% of Consumption in CY25

Is Naga Regulated? Guide to Naga Regulation and Safety

Is Equiti Regulated? Complete Equiti Regulation Guide

Is EXANTE Regulation Legitimate? Broker Safety Review

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