The total market value of Big Chinese tech firms fell by hundreds of billions of dollars in July, showing growing investor anxiety about how the industry would fair under Beijing’s bombardment of regulatory pressure. With the fall in Chinese stock prices, gold prices appear to be higher, creating risk aversion. The Risk-On sentiment has evolved due to tensions between US and China.
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EMI Gold with Ketan Kothari & Renisha Chainani
Director Ketan Kothari explains how Augmont helps in glittering lives of billions through the power of Gold.
Gold jumps with dollar weakening as Investor’s digest FED views
Gold headed for the biggest gain in more than two months as real yields sunk to a record low and the dollar eased after the Federal Reserve said it wants more progress toward its goals first before reducing stimulus.
Gold climbs as real yields sink to record low after FED meeting
Gold rose as real yields hit a record low and the dollar eased after the Federal Reserve said while it’s moving closer to reducing stimulus, the U.S. central bank wants to see more progress toward its goals first Chair Jerome Powell said there was still some way to go to meet the conditions for tapering and officials had discussed how to scale back bond buying when the time came.
Gold advances as Investors wait for clues on tapering from FED
Gold climbed as investors wait for more clues on tapering and inflation from a two-day Federal Reserve meeting that ends Wednesday, and also digested the International Monetary Fund’s latest growth outlook
Gold holds below key $1800 level as investors eye Fed meet
Gold prices were steady, pinned below the key $1,800 per-ounce level, as investors turned cautious ahead of this week’s U.S. Federal Reserve meeting outcome for clues on when the central bank might rein in its easy monetary policies.
Gold chases around $1800 as Investors’ risk appetite sharpens
Gold ended clinging to the $1,800 mark as the U.S. dollar strengthened and bond yields rose even as investors look to add risk. Benchmark treasury yields rebounded to a near one-week high and stocks extended their recovery as fears over the economic impact of the Delta COVID-19 variant ebbed, denting the appeal of safe haven gold.
Ballooning Debt, Quantitative Easing tend to lift Gold prices
Gold prices post a weekly loss after four consecutive weeks of gains. On the contrary, Hedge Fund Managers Boost Net Bullish Gold Bets to 5-Week High. Gold declined as risk appetite runs wild, with the S&P 500 making a fresh record high and Treasury yields ending higher.
Gold drops to near 2-week low amid rise in Equities and Dollar Index
Gold prices extended slide to their lowest in nearly two weeks on Thursday on the back of a rebound in stocks and firmer U.S. dollar, while investors looked to the European Central Bank for their stance on policy.
Bullion slips as risk appetite improves
Bullion prices are trading with a weaker bias, pressured by a firmer U.S. Dollar ahead of the European Central Bank announcements today, another rise in U.S. Treasury yields and increasing demand for riskier assets with U.S. equity markets hovering slightly below the record highs.
Gold flat as markets stabilize after Delta-driven Stocks drop
Gold steadied as stock markets found their feet after falling sharply on fears the Delta variant would harm global growth prospects. Demand for havens like Treasuries eased, causing yields to rebound from the lowest levels since February.
Gold prices hover near one week low as Dollar hit one month high
Worries about the spread of Covid-19 variants drove U.S. government bond yields to their lowest levels in months on Monday, the latest drag on investors’ expectations for economic growth and inflation.