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 income securities; and the emergence […]

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Pre-Budget views 2020

There has been a steep decline in jewellery sales over 12 months, and jewellers are facing adverse impacts of the slowdown because of the increase in gold prices, and a slowing of the overall economy.  Moreover gold prices have sky rocketed over the past few months which has further dampened the demand. At present, gold […]

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Gold is on the move

So far in 2020, the yellow metal has been the best market to trade. Buy the dip has been the best possible scenario. We still have that scenario playing out. Gold is on the move. Risk aversion is pushing up gold prices. Weekend news showed that (the corona virus) is still spreading in many countries […]

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Commodities as a whole had a mostly positive 2019

Gold, meanwhile, had its best year since 2010, climbing as much as 18.31 percent. The yellow metal’s role as an exceptional store of value shined brightly in the second half of the year when the pool of negative-yielding debt around the world began to skyrocket, eventually topping out at around $17 trillion in August. On the news […]

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Gold welcome 2020 with a bang

Since May, 2019 gold prices have been ticking high and it seems there is just no looking back. Last year gold prices were driven by recessionary indicators, economic volatility and geopolitical tensions. Gold demonstrated impressive performance gaining over 17 percent in 2019 and continued to rally  on 31 December. Major Eurasian nations, including Russia, China and India […]

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Gold Outlook 2020

Year 2019 is about to end on a positive note for the yellow metal. Its shine and lustre was maintained as it almost finished the year 13 percent higher. This rally was majorly influenced by central banks, a deterioration and slow growing global economy and escalating geopolitical tensions. Furthermore, concerns surrounding the US Chinese trade […]

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Gold 2019- A quick look back

It’s time to look back. 2019 was a great year for gold. Just when the global markets had started writing off gold in 2018, it once again proved its safe haven appeal in the current year. he third quarter of 2019 was eventful for the gold sector, with two interest rate cuts from the US Federal […]

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Fresh Breakout levels for gold

Precious metal prices have had a very strong year. Gold rose substantially above our year-end forecasts of USD 1,400 an ounce. Gold prices were supported by a general shift in monetary policy of major central banks from tightening to a new round of easing, a decline in government bond yields, an increase in the amount of […]

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Gold remains re-committed

Gold has risen more than 13% this year mainly due to the trade dispute driving demand for safe assets The policy U-turn by central banks suggests they do not have full command over the global economic situation. This, alongside an unpredictable White House, the rise of populism, de-globalisation, de- dollarization and questions over the future […]

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Gold expected to Bounce

November wasn’t a great month for the yellow metal as prices were down almost 4%. This was the biggest drop seen since November 2016. This decline was seen following positive news about a deal between Beijing and Washington which further weakened demand for the safe-haven metal. Hopes for an interim U.S.-China trade deal buoyed demand […]

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