Blogs
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 […]
Read moreSince 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 […]
Read moreYear 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 […]
Read moreIt’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 […]
Read morePrecious 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 […]
Read moreGold 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 […]
Read moreNovember 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 […]
Read moreIn my weekly blogs, I generally talk about gold’s performance, why it has behaved in a particular manner in the respective week, how it looks like and a major economic outlook of the yellow metal.But today I would like to write about gold from the investors or the markets view point- as to why gold […]
Read moreThough gold prices dropped in the past week, it managed to recover this week as it was being witnessed as a hedge to the trade war. After talk of Beijing’s over President Donald Trump’s impeachment proceedings pricked the prospective U.S.-China trade and further pushed gold prices. Gold fell last week after Commerce Secretary Wilbur Ross […]
Read moreNegative news coming from all over proved to be positive for gold during the week. Weakness in global growth, lack of clarity in US China trade dispute, weak economic data coming from Asian markets, negative Asian equities, Powell’s speech, unrest in Hong Kong and other ongoing risks, together proved to be good support for gold- […]
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