Understanding Makar Sankranti 2025: Gold & Silver Price Targets, Central Bank Buying, & More

Join me, Fox, as we kick off the Makar Sankranti celebrations with a special video exploring the world of precious metals, gold, and silver, and what they mean for your investment portfolio in 2025!

Here are 23 clean bullet points summarizing the video:
The video is a special episode on Makar Sankranti, the first festival of the calendar year 2025.
The topic of discussion is the movement of the sun in the northern hemisphere.
The host, Fox, will also be discussing outlook for 2025 and price targets.
A quick assessment is given about a one-week lift event that took place in November 2024.
As of now, the gold reserve stands at 876 tons.
Central banks primarily buy commodities like gold and silver.
The host highlights the surprising figure of how much central banks purchase these metals.
Silver is also used in various manufacturing activities.
The video focuses on the application of silver in electric vehicles (eVs).
Silver is used in transmission and electrical engines in eVs.
Electric engines require a lot of silver for their functioning.
The host moves on to discuss target prices given by Verius Brokerage House.
For gold, the target price is 83,000 per 10 grams.
For physical gold, the target price is 85,000 per 10 grams.
Physical gold and physical silver are considered the most secure investments.
Investing in these metals is possible through Sovereign Gold Bonds (SGB) and other means.
However, the host notes that investing in such assets is not possible for everyone.
The importance of smashing the like button and commenting on the video is emphasized.
The host invites viewers to learn more from future stock videos.
The video will end with a farewell message.

Source: CA Rachana Phadke Ranade via YouTube

❓ What do you think? What role do central banks play in influencing commodity prices, such as gold and silver, through their buying activities? Feel free to share your thoughts in the comments!