Precious Metals held at its strongest levels since early September, after drawing support from a strong U.S. job report on Friday and upbeat trade data from China over the weekend.
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Festive cheer lights up India’s precious metal sales on Dhanteras
Indians flocked to jewelry stores on Tuesday on the biggest gold-buying day of the year, with a bumper sales period for precious metals that culminates in the festival of Diwali expected for the first time since the pandemic began.
Precious Metals holds gain with Central Bank Decisions, Inflation in Focus
Precious Metals held an advance ahead of key central bank decisions as traders weigh the prospects of tighter monetary policy and the impact that would have on the global recovery.
Precious Metals waiting cues from FED meeting
Gold held a decline ahead of key central bank meetings this week that investors expect to shed light on monetary policy and inflation.
Why should you invest in Gold during this Dhanteras and Diwali?
People are looking forward to the auspicious occasions of Dhanteras and Diwali to invest in Gold and Silver as the festive season approaches this year. Gold right now is a strategic investment – because we don’t know what is going to happen to the world in one or two years. So, to hedge yourself against this uncertainty, you should at least have 15-20% Gold in portfolio.
Precious Metal Heads for Weekly Advance on Global Recovery Concerns
Gold and Silver headed for a third straight weekly gain on rising demand for havens amid concerns over the global recovery and gyrations in bond markets.
Gold Jewelry demand is likely to offset investment demand for rest of the year
Gold demand this year will be underpinned by consumers and central banks, mitigating outflows from exchange- traded funds, according to the World Gold Council
Precious Metals ends five days of gains as earnings lift market optimism
Gold and Silver prices snapped a five-day streak of gains as positive earnings reports from U.S. and European companies bolstered broader market optimism, reducing the appeal of haven metals.
Gold reclaims $1800, bulls’ eye $1834
Gold prices reclaimed the $1,800 mark on Monday, supported by persisting worries over inflation, as investors looked ahead to the next Federal Reserve meeting for its outlook on monetary policy
Gold imports touch a decade-high level of $23.9 billion in H1
Precious Metal spiked after extending last week’s uptrend, jumping $15 per ounce to break above $1800 for the first time in 5 weeks as global stock markets rose despite surging energy costs and inflation forecasts
Precious Metals make a come back before the festive season
Since late September, gold and silver have been steadily finding buyers, bouncing up from multi-month lows. Long-term interest rates, on the other hand, continue to rise at the same time.
Precious Metals Heads for Second Weekly Gain as Inflation Concerns Persist
Precious Metals headed for a second straight weekly gain as investors weighed concerns over inflationary pressures with signals from some Federal Reserve officials that interest- rate hikes aren’t imminent.