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GOLD RUSH: WILL THE RALLY CONTINUE?

Gold has enjoyed a meteoric rise this year, hitting a record in early August on the back of a weak dollar and continued Federal Reserve support. Negative U.S. real rates have stabilized and started to move higher in August, with gold moving lower as a result. The impact of real

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GOLD ETF WRAP UP BEST RUN IN A DECADE

Last month’s Fed announcement suggesting rates may remain near zero for the foreseeable future, coupled with real rates in most developed countries hovering at negatives, extends an environment where the opportunity cost of gold can remain low for investors. At the same time as economic and geopolitical indicators continue to

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The size of Gold market

  Gold supply fits in 2.6 Olympic swimming pools There are approximately 197,576 tonnes (t) of gold above ground, worth more than INR 685 trillion.  Mine production adds approximately 3,500t per year, equivalent to an annual 1.8% increment. The approximate breakdown of physical gold, based on its use, is: Jewellery:

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Good Monsoon Season: A ray of hope for Rural Gold demand revival amid COVID crisis

Two-thirds of India’s gold demand comes from rural areas, where jewellery is a traditional store of wealth – a fact that is largely a reflection of India’s demographics. According to the World Bank, in 2019, 66% of India’s population lived in rural areas, down from 72% in 2010 and 74%

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Sentiments remain bullish for Gold

Last month, gold crossed $2,000 for the first time in history on the back of greater geopolitical tensions and a weaker dollar. It hit an all-time high of $2,063.68 on August 6. But the rally has slowed down over the last month. Gold price closed at its lowest level in

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Overall picture remains positive for gold

The gold bull market started all the way back in 1999-2001, when gold was $250. Gold then peaked at $1,920 in 2011, after which it pulled back by 45%, before climbing up and hitting new record highs this year So far, in 2020, gold has registered an increase of 27

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After $2000 can we expcted $3000

We have been bullish on gold since quite some time, and the case for investing in gold has not been this compelling in years. Gold prices have fresh highs recently, surpassing the previous high set in September 2011, and current price trends suggest a longer, sustained rally in gold, similar

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Hall Marking In India: Things You Need to Know

Imagine the plight of the person who loses out all his hard earned money by buying gold and investing in it. If you think this is a hypothetical situation built for the premise of this blog piece, then we say you need a reality check. Hundreds of people in India

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Will gold cross its life time high

Since a long time, markets were expecting gold price to cross the crucial $1900 mark. But such a speedy momentum was quite surprising. Gold prices have climbed 20% since late March and more significantly 25% so far this year. Around 6 months back gold was seen trading withing a range

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Gold is here to stay

It was a milestone week for gold as it crossed the $1800 mark or the first time since 2011. The second half of 2020 proved to be quite an achievement for the yellow metal, and with strong fundamentals and what appears to be an unstoppable uptrend, investor world over is

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