Blog

Risk Appetite for Gold Rises

Posted by Augmont
  |  
On October 4, 2019

As I mentioned in my earlier article that bullish sentiments continue to prevail in the precious metals market, this week marked yet another justification for the same. I had even told that one should wait for a drop in order to enter the markets. After its recent sharp price fall,

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Gold continues to ride the bulls

Posted by Augmont
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On September 30, 2019

Has gold really been the safe haven asset? Has gold really proved to be a hedge in times of uncertainties? Has the yellow metal been the highest return generating asset in its class? So let’s see what gold has done since 2001. I have always been telling people to buy

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Gold Will be Data Dependent

Posted by Augmont
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On September 27, 2019

Important numbers were out from the US which indicated a lot of things. There were signs of a deteriorating US economic data especially on consumer confidence and certain manufacturing data indicating shrinkage. Even though this had been the voice of many Fed Guv post the recent verdict from US Federal

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Golds Safe Haven Status is Intact

Posted by Augmont
  |  
On September 23, 2019

The bullion has risen about 18% so far this year. The precious metal hit a six-year high this month as central banks globally eased their monetary policy to deal with the slowdown in growth triggered by the U.S.-China trade war. The events of the past six months have supported a

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Upcoming Fed meet important for gold

Posted by Augmont
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On September 16, 2019

Last week gold was into a wave like movement where it crossed the $1500 mark but was pulled down back to $1497 over optimistic global news. Gold gained ground during European trading hours on Friday. It then gave up some of those gains early in the U.S. trading session. Gold

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Gold will be strong for long

Posted by Augmont
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On September 13, 2019

In times of crisis and uncertainties gold has always been the most preferred form of investment due to its safe haven appeal. The safe haven status of the yellow metal can be justified by the following characteristics- Better long-term, risk-adjusted returns than other commodities and broad-based commodity indices. More effective

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Gold prices expected to remain relatively steady

Posted by Augmont
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On September 10, 2019

Gold and silver have had an exciting run in the past couple of months, and this is taking place exactly because precious metals are doing what they are supposed to do – act as a hedge against economic instability. The price movements of precious metals are difficult for some people to

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Dips adds demand for the yellow metal

Posted by Augmont
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On September 3, 2019

Gold has powered ahead this year, hitting a six-year high above $1,500 an ounce. Gold, which did little except glitter for most of the past five years, has seen price gains this year. Gold began the year at $1,279 an ounce, and it is currently trading at $1,498, a 17.1%

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Trade Cautiously

Posted by Augmont
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On August 9, 2019

Gold prices have risen nearly 16% this year, and by around $ 100 an ounce this week, as investors turned to the precious metal seen as a safe haven amid the bruising US-China trade and currency war. As the week opened, PBOC of China fixed Yuan at 6.97% against the dollar and Trump

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Gold continues to be viewed as a safe haven asset

Posted by Augmont
  |  
On August 5, 2019

Bullion was exposed and pressured by two different situations in the past week as comments from Federal Reserve Chairman Jerome Powell damped expectations for a lengthy easing cycle, while fresh U.S tariff threats a day later fuelled global-growth concerns that renewed demand for the metal as a haven. Payrolls data

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