Gold continues to strengthen in second half of 2020

Gold is always considered as a valuable diversifies in times of economic and geopolitical uncertainty A couple of months ago, the economic upswing was still firmly established, production expanded, and unemployment was declining. It all changed with the advent of the coronavirus or, to be precise: things turned really sour with the politically dictated lockdowns. […]

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Where everything else is falling, Gold seems to pretty tempting

History has proved time and again that following major factors have always sent triggers and brought about a rally in gold prices Financial market cyclicality Economic crisis. Geopolitical stress. Monetary instability. Any one of these four factors possesses the power to drive gold prices here. But today, we don’t have to choose — all four are […]

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Gold Set to rally on Diversification Demand

The gold price has reached its highest level in almost eight years due to financial market concerns about the corona crisis. The price of the precious metal is on the rise this year as investors are looking for safe havens to invest in because of viruses. Gold rose to the highest in more than seven […]

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Everyone wants to own gold

Gold does very well as a calamity hedge, and I think we would all agree that this is definitely a calamity right now. In times of uncertainty, economic and otherwise, gold is considered a safe haven investment, a fact which is further being corroborated by the current movement of gold prices and demand for all […]

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Second wave of Covid-19 creates panic

We are currently facing a plethora of seemingly enormously adverse economic data being released by governmental statistical entities, and this data is likely to get worse before it gets better.  Indicators like unemployment levels, PMI readings, retail sales figures, manufacturing output etc, are all continuing to get worse. We’re going into a recession. We don’t […]

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Growing potential for gold to cross $1800

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 House put China in the […]

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The path to recovery will be gradual

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 hold above the measured base […]

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Gold continues to remain in demand

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 stable week and an amazing […]

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Gold’s future looks bright

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 gains as the impact of […]

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Time to keep a watch on gold supply disruption

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 rally in gold alive. On […]

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