Gold prices expected to remain relatively steady

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 understand. In the world of equities, […]

Read more

Dips adds demand for the yellow metal

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% gain. Gold is expected to […]

Read more

Be Vigilant

With even a minor drop in gold prices, many players in the market start doubting gold’s rally and raise questions about the gold bubble. Similar things happened this week. Initially gold was pulled down. Mario Draghi positioned up a September easing package but that wasn’t enough for the gold market. It hit $1433 after the […]

Read more

Trade Cautiously

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 and US Fed commented that […]

Read more

Gold continues to be viewed as a safe haven asset

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 Friday showing higher U.S. wages […]

Read more

Gold may settle lower

The much awaited Fed meeting finally came to an end. All the speculation and suppositions finally came to a halt. Gold prices fell on Wednesday after a four-day rally but still settled July higher for a third straight month of gains. But if the Federal Reserve cuts interest rates as expected without indicating any further […]

Read more

Rate cut vs No Rate cut

Gold has a very pivotal role to play in the global markets especially in times of uncertainties. Some consider gold as a currency, for some it’s a hedging tool, while some take as a commodity and there are many who treat it as a store of value. Irrespective if the role it plays, markets love […]

Read more

Gold might perk

We all know that when gold prices rally, all market players join the bull’s bandwagon. Currently also markets have not left a single stone unturned in proving the fact that gold will touch $2000 an ounce by year end and cross Rs. 40,000 per 10 gram in the domestic market. Well it’s too early and […]

Read more

Gold Revives

Global equities digested the Feds moderate dovish stance on Monday and most markets remained unchanged but there is a definite down swing on US 10y yields which tumbled from 2.15% to 2.09%. As mentioned earlier that the key reason about the 29th July verdict of Fed would do the “change of the Fed’s stance. Gold […]

Read more

Gold Reactive to Daily news

Last week, the price of gold had climbed above the 1.400 USD/oz level, thereby giving rise to the expectation that the yellow metal has now returned to its decade-long upward trajectory. The increase in the price of gold is not only limited to US dollar; it is pretty much the same in virtually all major […]

Read more