Blog

Gold demand may rise soon

Gold has experienced resurgence as a reserve asset – central banks have become net buyers over the past 10 years, and their holdings have reached levels not seen since the 20th century. This has several origins, among them growing geopolitical tension between regional blocs; the swelling share of negative-yielding fixed

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Pre-Budget views 2020

There has been a steep decline in jewellery sales over 12 months, and jewellers are facing adverse impacts of the slowdown because of the increase in gold prices, and a slowing of the overall economy.  Moreover gold prices have sky rocketed over the past few months which has further dampened

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Gold welcome 2020 with a bang

Since May, 2019 gold prices have been ticking high and it seems there is just no looking back. Last year gold prices were driven by recessionary indicators, economic volatility and geopolitical tensions. Gold demonstrated impressive performance gaining over 17 percent in 2019 and continued to rally  on 31 December. Major Eurasian nations,

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Gold Outlook 2020

Year 2019 is about to end on a positive note for the yellow metal. Its shine and lustre was maintained as it almost finished the year 13 percent higher. This rally was majorly influenced by central banks, a deterioration and slow growing global economy and escalating geopolitical tensions. Furthermore, concerns

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Gold 2019- A quick look back

It’s time to look back. 2019 was a great year for gold. Just when the global markets had started writing off gold in 2018, it once again proved its safe haven appeal in the current year. he third quarter of 2019 was eventful for the gold sector, with two interest

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Fresh Breakout levels for gold

Precious metal prices have had a very strong year. Gold rose substantially above our year-end forecasts of USD 1,400 an ounce. Gold prices were supported by a general shift in monetary policy of major central banks from tightening to a new round of easing, a decline in government bond yields, an

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Gold remains re-committed

Gold has risen more than 13% this year mainly due to the trade dispute driving demand for safe assets The policy U-turn by central banks suggests they do not have full command over the global economic situation. This, alongside an unpredictable White House, the rise of populism, de-globalisation, de- dollarization

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Gold – Safe, Sound and Stable

In my weekly blogs, I generally talk about gold’s performance, why it has behaved in a particular manner in the respective week, how it looks like and a major economic outlook of the yellow metal.But today I would like to write about gold from the investors or the markets view

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Gold will get its support

Negative news coming from all over proved to be positive for gold during the week. Weakness in global growth, lack of clarity in US China trade dispute, weak economic data coming from Asian markets, negative Asian equities, Powell’s speech, unrest in Hong Kong and other ongoing risks, together proved to

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Gold likely to be pushed into the positive territory

Last week, Gold opened tested the $1515 resistance area but it failed to break higher and made a sharp reversal, losing more than $50 over the last week, the worst weekly performance in years. It was a tough week for precious metals. Gold was down almost $50, silver down $1. This pull down

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