Gold is a one-of-a-kind asset class. The economic dynamics that influence the price of gold are distinct from those that influence the price of many other asset types, such as stocks, bonds, and real estate. Gold provides an attractive option for investors to diversify their holdings.
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Director Ketan Kothari on Gold Hallmarking
Director Ketan Kothari speaks about gold hallmarking to CNBC AWAAZ.
Gold steadies as U.S. economic optimism, FED comments in focus
Gold steadied amid optimism over the U.S. economy following a bipartisan $579 billion infrastructure deal, while investors continue to weigh comments by Federal Reserve officials on inflation.
Gold Investors are flocking back to gold ETFs as prices languish
Some investors are still keen on gold even as the Federal Reserve’s hawkish tilt rattles the market. SPDR Gold Shares, the largest bullion-backed exchange- traded fund, has attracted net inflows of about $390 million in the first three weeks of June, according to the marketing agent for the fund.
Gold steadies as Investors weigh Powell’s comments on Inflation
The downside risks for gold are building despite the inflationary backdrop as the dollar is expected to strengthen and economists see tapering starting in April 2022 after an early warning in September
Gold advances as Powell reiterate rising inflation won’t last
Gold rose for a second day as Federal Reserve Chair Jerome Powell reiterated that higher inflation will likely be transitory. Gold advanced following its biggest weekly decline in 15 months, helped by a drop-in the dollar and a boost from exchange-traded fund investors
Inflation might not be transitory, gold price weakness may well be
The US Federal Reserve (FED) just completed its fourth Federal Open Market Committee (FOMC) meeting of the year last week, an event that is beginning to garner increasing amounts of attention from market participants. Following the meeting’s conclusion on Wednesday, 16 June, the central bank has now signalled that its first interest rate hike may come in 2023 instead of 2024.
Gold steadies after posting biggest weekly loss in 15 months
Last week, gold posted its worst weekly performance since March 2020 after the U.S. Federal Reserve signaled a sooner-than-expected tightening in its monetary policy. This week, Gold steadied after posting the biggest weekly loss in 15 months as the Federal Reserve’s hawkish shift damped reflation bets.
What is the FED Dot plot, why has it rattled the Bullion market this week?
A dot plot is a technique for displaying data on a chart with a horizontal and vertical axis in its most basic form. The number of data points in a…
Gold heads for biggest weekly loss in more than a year after FED meeting
Gold took a hit after the Federal Reserve signaled monetary-policy tightening could start sooner than previously thought, with prices heading for the biggest weekly decline in 15 months amid a resurgent dollar. The metal has tumbled through key technical support levels, including falling below its 100-day moving average.
Gold drops to four-week low with FED set to dial back stimulus
Gold fell to a four-week low after the Federal Reserve pulled forward the projected date of interest- rate increases, confirming worries the central bank would soon pare stimulus that’s spurred gains in the metal. They also released forecasts that show they anticipate two interest-rate increases by the end of 2023 – sooner than many thought — and they upgraded estimates for inflation for the next three years.