Augmont

The biggest influences for gold currently are the US china trade war

Be it bill gates or a common man, no one likes to loose money. As I stated in my previous article that one should always diversify his finances, to make the most of any opportunity. And to leverage such opportunities, a smart investor uses a variety of strategies and tactics

read more

World Gold

History reveals that gold has always been considered as a safe haven asset, an asset that generates maximum returns in times of uncertainty. It is one of the oldest investment assets available to mankind. But what would the scene be like when all markets are stable, economies are developing, geopolitical

read more

Gold struggles to sustain bullish sentiments

Gold performed well in April. In fact it had a fairly moderate performance given the fact that a lot of macro factors were playing around its prices. US equities, Fed comments, US China trade war, were among the key macro factors that were highly influencing gold prices. Still it managed

read more

Gold is here to stay

Gold was set for a decline last week over strong economic growth numbers. Last week, gold fell ahead of first-quarter earnings season as the dollar gained while the precious metal slumped to its lowest level of the month. Gold fell 1.23 percent at the close of Thursday’s trading session to

read more

Gold declines but still a favourite

Since the turn of the century, the gold industry has experienced a roller coaster ride, with prices rising from $255 an ounce in 2001 to highs of $1,906 a decade later, before falling to $1,056 by December 2015. After a gap of almost 4 years, gold is being seen on

read more

Vietnam:Gold shops prepare for sales surge

Gold demand is expected to surge today, the God of Wealth Day which falls on the 10th day of the lunar year.Legend has it that the god returns to heaven on this day every year, and people think buying some gold brings good luck and prosperity throughout the year.Gold and

read more

Gold holds firm on trade, growth worries; heads for weekly fall

Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three. Spot gold was steady at $1,309.34 per ounce, as of 0320 GMT, after the metal hit its

read more

Govt proposes national gold spot exchange, seeks to organise trade

The government proposes to set up a single spot exchange for gold, finalising a method to organise the yellow metal's trade a year after the idea was mentioned in the 2018-19 Budget.The electronic exchange will oversee trade right from import, said a source privy to the development. Details on structuring

read more

Gold futures up 0.15 per cent on positive global cues

Gold futures were trading higher by 0.15 per cent at Rs 32,595 per 10 gram Tuesday as traders raised bets amid positive cues from global markets. Gold to be delivered by February was trading higher by Rs 48, or 0.15 per cent, at Rs 32,595 per 10 gram in a

read more

Gold prices held steady at Rs 33,210

Gold prices held steady at Rs 33,210 per 10 gram at the bullion market on Thursday in scattered deals even as the precious metal weakened overseas, according to the All India Sarafa Association. Silver prices, however, turned weak and fell by Rs 210 to Rs 39,950 a kg due to

read more