Fed Continues to be a key driver for gold and dollar

Gold has been going strong since the mark of 2019. As we completed a quarter of the current year, gold continues to show the same sentiments as the second quarter began.  Gold prices rose to a more-than-one-week peak on Monday as the dollar slipped after data showed U.S. wage growth slowed last month, while investors […]

Read more

Dollar dependency reduced. Benefits gold

Why is gold being reconsidered as a mode of investment globally? Why is the dollar dependency reducing? Why are central banks world over piling up their gold reserves? Well the answer to this looks simple but the reasons behind it are quite complex. There are so many things happening in the international markets. Gone are […]

Read more

Fed puts the dollar in red

Gold is traditionally used to hedge against economic uncertainty. As sanctions fall into place and the screws tighten on other nations, the U.S. dollar loses power within the world economy. Where 2011 gold saw its life time high at 1917.90, in 2015 it bottomed at $1047. That was followed by a 31% rally to $1375 […]

Read more

Market Sentiment Bullish

Generally in my blog, I have mentioned about how gold has been behaving, or the=e weekly outlook for gold etc. But in this blog I have mainly picked 4 factors that I personally believe will influence gold prices in the near future. It has been a good year for gold so far and investors believe […]

Read more

Gold expected to perform well in 2019

Last fortnight gold fell near two week lows. It was heading for its biggest weekly fall in nearly four months on 28th Feb. A strengthening dollar backed by rising equities created pressure on the yellow metal. Better sentiment on the stock markets and a reluctance by the physical gold investors are weighing on its price. […]

Read more

Gold Restores Faith

The uptrend has once again moved into gold’s life. Gold leaped towards $1365 and the highs of almost a year ago. From the last two quarters of 2018 till date, gold has been climbing up the staircase, leaping higher, then consolidating and then moving up once more. The middle two quarters of 2018 were bad […]

Read more

Gold preserves your wealth

In 2018, gold fought against significant demand for traditional stock and mutual fund investments and weathered tremendous exchange-traded-fund outflows. Gold has been under pressure from a stable and slightly appreciating U.S. dollar. Still, gold has shown incredible resilience all year – especially through the first three quarters. It rallied at year-end, suggesting a flat or […]

Read more

Dollar strengthens but sentiments for gold are positive

Gold started the week on its back foot, testing the $1,300 level mid week. The metal recovered sharply ending the week essentially unchanged. A key catalyst for the recovery in the USD gold price was the revelation that that Presidents Trump and Xi will not meet to resolve trade differences prior to the imposition of […]

Read more

Key data shifts market sentiments

Last week a lot was happening for gold globally and in the domestic market. While there was important data released from the US, in the domestic market too all eyes were glued to the interim budget. While internationally, Fed rate hike is the topic of discussion, in India Gold duty cut was also being discussed […]

Read more

Union Budget 2019

It’s an important week for gold, both internationally and in the domestic markets. Amidst the Fed chaos, our very own budget got overshadowed. Many suggestions have been made to the government, for the better of the Gems and Jewellery industry. The government had increased the import duty on gold in order to narrow the trade […]

Read more