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Gold’s future looks bright

With uncertainty surrounding the world economy because of the coronavirus and crude oil price crash, gold prices have been a roller-coaster throughout the start of 2020. Spot bullion is trading around $1 720 -- close to a more than seven-year high -- and is forecast by numerous banks to extend

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Time to keep a watch on gold supply disruption

Gold has been shining all the way, ever since Covid-19 became a pandemic. There was great volatility witnessed world over, wherein prices climbed to their highest level since 2012. Though we did see gold prices moving a bit lower during the past few weeks, but the virus scare kept the

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Pumping of liqudity pumos up gold prices

The coronavirus, which emerged in China late last year, has turned into a global pandemic that has claimed lives of over 70,000 people and paralysed large wraps of the global economy. From a spark in prices, gold did witness a minor correction as it dipped in March. The decline in

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Gold fights back as the world fights back COVID-19

Over the past few weeks, Covid-19 has reached into the pandemic stage globally, and is creating havoc not only medically but also economically. We have seen Covid-19 evolve from a predominantly Chinese outbreak to a global crisis. As of 1st April, 2020, there have been nearly 859,929 confirmed cases and

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Gold still remains an investors favourite

It was like a sabbatical for me as I write after a fortnight. There was too much volatility in the markets where prices were just swinging. Varied reasons being responsible, I actually wanted to take time out, analyse the global scenarios and then put across my inputs on gold’s behaviour.

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Gold might come on for profit taking

It has been a strong start to 2020 for gold, with the yellow metal rising by 12.99% in AUD terms, and 4.54% in USD terms in the first two months of the year, despite the sharp correction in precious metal prices last Friday. Onto these wild market swings and uncertainty,

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Growing number of people buying gold

Gold is trading near a seven-year high, supported by an increasing number of coronavirus cases worldwide that threaten to curtail global economic activity. Gold has been rallying not only due to the virus but also due to the overall global economic growth. Corona Virus- gold has been rising amid continuing

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Coronavirus fears continue to impact gold prices

Gold prices have rallied about 7% year to date. Gold was seen trading near $1,670 an ounce, on Monday 24th February; its highest level since early 2013, boosted in part by a flight to safety stemming from the spreading coronavirus. Gold soared as much as 2.8% on Monday to its

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Virus gives Rush to gold prices

Past six to eight months have been quit pleasing for fold. There are plenty of good reasons to be optimistic about gold’s prospects. The global economy and the financial system are already stretched to a breaking point and Demand for precious metals is heating up. This, of course, is plain

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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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