Rally vs Regression for Gold

It was a decent week for gold as it was up 0.6 per cent on Friday posting a second straight weekly gain. Gold rose on Friday as the dollar softened on uncertainty about the progress of what would be the biggest overhaul of U.S. taxes since the 1980s. The U.S. House of Representatives approved on […]

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December Rate Hike Chances Strengthen

Gold recouped some of the previous session’s sharp price drop on Monday as uncertainty over a U.S. tax reform plan stoked risk aversion, pulling equities from their recent record highs. However, prices remained hemmed in a narrow range as investors awaited more clues on the path of U.S. interest rates. Spot gold was up 0.2 […]

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Gold tracks the U.S Currency

Bullion moved up on Wednesday as geopolitical tensions between US & North Korea and in the Middle East prompted investors to flock to safer assets. Gold was positive by almost half a percent and tested high in the international markets. Gold prices edged higher on Thursday, after marking a near three-week high in the previous […]

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winter demand good for gold but prices likely to fall

Gold prices were hovering near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no change” decision by raising UK rates off an all-time record low as analysts and traders had forecast. However, on Friday, Spot gold was down 0.2 […]

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Rally expected in gold in near future

Gold’s rally this year came to a halt in September. And the prices continued to weaken in October mainly due to higher US nominal and US real yields. The yellow metal fell from $1357 an ounce to $1260 on 6th October, thus signalling markets that the rally in gold prices has almost ended. Post the […]

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Indian Gold Imports Almost Triple, demand rebounds after note ban

India’s gold jewellery demand is likely to increase 17 per cent in 2017 on a bounce-back after demonetization. India Ratings, in its latest study, forecasts India’s gold jewellery demand at 600 tonnes in 2017, which is equivalent to the last five years’ average. The World Gold Council (WGC) estimated India’s gold jewellery demand at 514 […]

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The evolution of Jewellery trends

Customers are increasingly preferring functional jewellery over bulky sets, says an industry expert. Functional jewellery is indeed superseding the elaborate sets. In keeping with this trend, we primarily focus on contemporary light wear jewellery that appeals more to the younger generation. Few The jewellery e-tailers have recently introduced Jashn-e-Jodhpur, a line celebrating the vivid blue […]

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India mulls reviving colonial-era gold mines with $2 billion reserves

India is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, officials said. State-run Mineral Exploration Corp Ltd has started exploring the reserves […]

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