Reading Time: < 1 minute Gold held a drop as investors continued to weigh the threat of a new coronavirus strain to the global recovery, with the easing of some concerns curbing haven demand.
Precious Metals rally quashed by FED hawkish tone
Reading Time: < 1 minute Precious Metal edged higher on Friday, but is almost back to where it started the month after hawkish hints from Federal Reserve officials buoyed the dollar and blunted support for bullion
Precious Metal rebounds on safe-heaven appeal
Reading Time: 2 minutes Gold and Silver prices rebounded on last of the week, as investors rushed into the perceived haven commodity after South Africa announced a potentially highly contagious new COVID strain.
Precious Metals steady as Dollar pauses Rally
Reading Time: < 1 minute Gold steadied as investors weighed a swath of positive economic data from the U.S. and an indication from Federal Reserve officials of faster tapering.
Precious Metals declines as new U.S. Data signals improving economy
Reading Time: < 1 minute Gold fell to the lowest in almost three weeks as the dollar strengthened after a slew of U.S. data signaled improvements ahead in the world’s biggest economy. An inflation gauge followed by the Fed posted its biggest gain since 1990.
Precious Metals extends decline amid Powel renomination
Reading Time: < 1 minute Gold extended its biggest slide in more than two months following the renomination of Jerome Powell to head the Federal Reserve.
Precious Metals plunges after Biden renominates Powell to Fed Chair
Reading Time: < 1 minute Precious metals extended its decline after the White House announced that President Joe Biden selected Jerome Powell for a second four-year term as Federal Reserve chair while elevating Governor Lael Brainard to vice chair
Determinants of Gold prices in India
Reading Time: 2 minutes Indian Gold prices are determined by Jewellery Demand, Investment Demand, Import and Scrap Supply, USDINR movement, Government Policy and Duty, Dollar Index, Central Bank reserves, Geopolitical factors, US Economic Indicators, etc. Take a look at ll these factors in brief.
Precious Metals take breathe after a rally
Reading Time: < 1 minute Gold prices are stabilizing now after hitting their highest level in 5 months, as a retreating dollar lent some support to the metal.
Gold will act as an Inflation Hedge in the coming months
Reading Time: 2 minutesGold prices have been depressed for the last year and have not much moved with other asset classes like equity, metals, energy or crypto. The release of…
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