Augmont

Trade War pushes gold prices high

Gold prices ended last week on a high note as prices rose on Friday over the escalating US China trade war. Gold posted a weekly rise as the United States raised tariffs on Chinese goods and increased fears of a global economic slowdown, with a weaker dollar also offering support

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Gold vs Stocks

Past 3 to 4 years haven’t been that exciting for gold. In fact gold has surfaced to the current $1300 an ounce, a level that was previously seen 6 years ago. Gold has been trading in a tight range for quite some time. Gold is an investment that people prefer

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Dollar dependency reduced. Benefits gold

Why is gold being reconsidered as a mode of investment globally? Why is the dollar dependency reducing? Why are central banks world over piling up their gold reserves? Well the answer to this looks simple but the reasons behind it are quite complex. There are so many things happening in

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Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Gold prices gained Rs 35 to Rs 33,095 per 10 gram on Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association. Silver, however, dropped Rs 270 to Rs 38,850 a kg amid lower demand from

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Difference between gold ETF and gold saving fund

Gold is back on the table as an investment option. The prices for the yellow metal have increased 6.2% in the past year. Overall, Indians have always been one of the larger consumers of gold. Some invest in mutual funds that invest in gold and some prefer to invest in

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Gold settles at a one-week high on dovish Fed

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve’s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this

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India may stop refined gold imports in next five years, say experts

Import of refined gold might stop in three to five years, claim experts. At present, India’s annual gold consumption is about 800-900 tonnes, of which about 750 tonnes is imported. However, domestically refined gold has been becoming more and more important.“India will stop importing gold in five years,” said Rajesh

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Gold expected to perform well in 2019

Last fortnight gold fell near two week lows. It was heading for its biggest weekly fall in nearly four months on 28th Feb. A strengthening dollar backed by rising equities created pressure on the yellow metal. Better sentiment on the stock markets and a reluctance by the physical gold investors

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Gold futures up Rs 167 on positive global cues

Gold prices rose by Rs 167 to Rs 32,095 per 10 gram in futures trade Monday as speculators widened their bets, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 167, or 0.52 per cent, to Rs 32,095 per 10 gram,

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Gold and Silver Reports

Gold prices rise on safe-haven demand amid global growth concerns

Gold prices rose on Wednesday on demand for safer investments amid falling equity markets and concerns over the outlook for global economic growth. Spot gold rose 0.1 percent to $1,283.61 an ounce as of 0452 GMT, near a six-month high of $1,284.09 reached on Monday. U.S. gold futures rose 0.3

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