2021 March

How Will $1.9 Trillion Stimulus Package Impact Gold Prices?

House Democrats passed a $1.9 trillion coronavirus relief bill on Wednesday, sending one of the biggest stimulus plans in U.S. history to President Joe Biden’s desk. US President Joe Biden on Thursday signed the massive USD 1.9 trillion American Rescue Plan which is expected to provide a major boost to the country’s

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How Much More Downside Is Left In Gold Price?

After a strong run that had lasted about nine months, gold in India is on a slide with its price touching low of Rs 44,000/10gm level. From a high of Rs 58,000 recorded in August, the price is now down 24%. This means gold has technically entered the bear territory.

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Reasons For 20% Fall in Gold and what’s next

Gold sell off Bullion is down more than 9% in 2021 and 21% from August 2020 highs after posting its best annual gain in a decade. Reasons for 20% fall in Gold Price Fall in gold ETF holdings, rise in US Treasury yield, Import duty cut, lowering of COVID cases

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