Bullions Attracts Investors

The dollar remained weak in spite of a strong economic data and gold was once again in demand acting a hedging tool against inflationary pressure. Gold prices edged higher on Friday, heading for their biggest weekly percentage gain in nearly two years, buoyed by a weaker U.S. dollar and as investors looked to hedge against […]

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Sentiment Shift In The Market

    Past week, we saw investors moving away from gold as sentiments shifted to bearish. A strong US economy and a strengthening dollar led to this shift. Investors were confident that the U.S economy is relatively strong and this made the stock markets go wild. Moreover Gold failed to attract investors fleeing from the […]

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Where is Gold Heading To

  AN upbeat U.S data and a strong dollar played key roles to pull down gold prices during the week. A lot was expected to happen over the number of data releases- US employment report, ahead of that there is Data on Spanish unemployment, UK construction PMI EU PPI Italian CPI US data on factory […]

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Is gold no longer being affected by a Rate Hike

  Fed rate hike pulls down gold prices: No more an implied reaction for the yellow metal. Though gold prices were flat in Wednesday ahead of the Fed meet, it managed to close higher. Initially gold prices dipped slightly after the U.S. Federal Reserve said it would keep interest rates the same, but expected inflation […]

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$1375 an ounce- A Crucial Mark for gold

This past week will be remembered for the cracks it revealed in the global monetary and trade building. At the Davos conference, the expression became unusually vociferous and purposeful with accusations and threats flying in all directions. Contradictory statements being mocked at and investment opportunities being knocked at. The one thing the brewing currency and […]

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Gold- A Store of Value

  Though gold headed for its first weekly drop in six week, it remained in the positive territory – thanks to U.S uncertainties, Bitcoin crisis, ECB hawkish comments to name a few. Spot gold has declined 0.5 per cent so far this week, its worst week since early December. Spot gold was up 0.4 per […]

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2018 kicks off a good start for gold

Recent weeks have shown strong rallies for precious metals and its looks like ass id prices are now consolidating. There may be a pull back in prices over a strengthening U.S dollar, but the rebounds since mid-December show that the sentiments for precious metals, especially gold, has turned more bullish. Once again the yellow metal […]

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Glitter metal gives Bright performance

2018 has definitely given gold the good launch platform. This year, gold began with its highest opening price for a calendar year. This opening has been its highest in the past 5 years after rising by around 13 per cent last year. Last year, gold managed to close above $1300 an ounce and has been […]

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Many competitors for gold in 2018

Gold began 2018 on a firm note on Tuesday after prices hit their highest in more than three months, supported by technical factors after breaking above $1,300 an ounce last week. Spot gold rose 13 percent last year to mark its best annual performance since 2010. A wilting U.S. dollar, political tensions and receding concern […]

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Gold- Past performance future prediction

As the year comes to a close, let’s take a look back at the main gold trends this year, from the impact of US Federal Reserve interest rate hikes to widespread geopolitical uncertainty, how it performed and how the outlook is in 2018. Though gold made double digit gains in some currencies, it did have […]

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