Blog

Should you invest in gold online in the time of COVID-19?

Posted by Augmont
  |  
On May 22, 2020

As the saying goes by Warren Buffett, 'Be fearful when others are greedy, and be greedy when others are fearful' makes it very relevant in these uncertain times. The Indian equity markets have had a disturbing last month as they grappled to respond to the developing spread of the coronavirus

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Growing potential for gold to cross $1800

Posted by Augmont
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On May 5, 2020

Gold opened on a positive note this week, as US President Donald Trump threatened to impose more tariffs against China over the coronavirus pandemic, which Trump alleged originated from a lab in China. The uptick in geopolitical risks is the primary catalyst due to renewed US-Sino tension after the White

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The path to recovery will be gradual

Posted by Augmont
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On May 2, 2020

We have seen that gold has been moving sideways since early April. It is trading above Feb-March highs, but it looks like a consolidation within a medium-term uptrend for the yellow metal. On one side it has managed to cross some important levels, on the other side it’s struggling to

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Gold continues to remain in demand

Posted by Augmont
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On April 28, 2020

Last week passed in a much quiet phase for the world. It was rumoured that North Korean President was unwell, but later his spokesperson confirmed that he is alive and in good health. While crude did not receive much good news pertaining to demand and overflow, gold had a pretty

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Gold’s future looks bright

Posted by Augmont
  |  
On April 21, 2020

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

Posted by Augmont
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On April 13, 2020

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

Posted by Augmont
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On April 7, 2020

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

Posted by Augmont
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On April 1, 2020

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

Posted by Augmont
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On March 24, 2020

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

Posted by Augmont
  |  
On March 11, 2020

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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