Gold looking for guidance from Central bank policy meeting amid 50 Days left for US elections

Gold Price has taken up a holding position in the $1900s after setting a mark just above $2000 an ounce in August, and this week’s Federal Reserve meeting will continue to affect the next step of the haven. The two-day meeting — with the statement and Jerome Powell’s Wednesday press conference — It just comes […]

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Sentiments remain bullish for Gold

Last month, gold crossed $2,000 for the first time in history on the back of greater geopolitical tensions and a weaker dollar. It hit an all-time high of $2,063.68 on August 6. But the rally has slowed down over the last month. Gold price closed at its lowest level in almost a week on Thursday at $1930.30. The precious […]

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Long term drivers remain intact for gold

GOLD turned quite bearish over past few days , as the USD surged higher, after losing a lot of ground in the previous weeks. There was not much change in the market sentiment, so the move didn’t come from Gold, but from the USD, since the Buck made some strong gains against all other instruments. Gold […]

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Overall picture remains positive for gold

The gold bull market started all the way back in 1999-2001, when gold was $250. Gold then peaked at $1,920 in 2011, after which it pulled back by 45%, before climbing up and hitting new record highs this year So far, in 2020, gold has registered an increase of 27 per cent in its prices. […]

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Important week for gold

Now that gold has crossed the $2000 mark, investors are expecting it to head towards $3000. Gold is in high demand by investors and this is keeping the rally alive in gold. Even though gold was pulled down around 2% on Friday, the macro economic factors have still managed to push gold prices higher. Global […]

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AFter $2000 can we expcted $300

We have been bullish on gold since quite some time, and the case for investing in gold has not been this compelling in years. Gold prices have fresh highs recently, surpassing the previous high set in September 2011, and current price trends suggest a longer, sustained rally in gold, similar to the 2001-2008 secular rally. Gold […]

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The situation can’t get more supportive for gold

Well to begin with, my last blog has justified its title- Will gold cross its life time high? Yes, it did and how. It managed to breach $1917 and create fresh highs at $1955 on Thursday. Amid profit taking and as investors’ appetite for riskier assets improved after the Federal Reserve pledged to use all […]

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Gold is here to stay

It was a milestone week for gold as it crossed the $1800 mark or the first time since 2011. The second half of 2020 proved to be quite an achievement for the yellow metal, and with strong fundamentals and what appears to be an unstoppable uptrend, investor world over is completely bullish for gold. Gold […]

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Will gold cross its life time high

Since a long time, markets were expecting gold to cross the crucial $1900 mark. But such a speedy momentum was quite surprising. Gold prices have climbed 20% since late March and more significantly 25% so far this year. Around 6 months back gold was seen trading withing a range of $1400-$1500. But after the pandemic […]

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Gold continues to an investors favourite

As we all know, gold bas outperformed many assets in the current year. Gold is up about 19% so far this year, as lower interest rates and central bank stimulus have supercharged existing upward momentum for the precious metal. According to many analysts, the one factor that will continue to drive gold prices higher in the […]

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