Gold rebounds on US Dollar and Treasury Yield
Gold prices gave up early gains and were flat on Wednesday, as weakness in the U.S. dollar due to higher inflation was countered by some firming in Treasury yields. The…
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Akshaya Tritiya 2021: How gold has performed in last one year?
Akshaya Tritiya is associated with wealth and prosperity. The purchase of gold is considered auspicious on this day. While traditionally, the occasion means buying physical gold, experts suggest going for digital gold this season.
Rangebound Trading in Bullion on Gudi padwa
Gold prices are trading range-bound due to risk-off sentiment. As we have marriage season and Akshaya Tritiya, the next two months are likely to the same pace of retail demand…
Gold retreats over 1% but still on the path of bullishness
Following price weakness in the first three months of the year, the gold prices have recovered more than 4% in April, as safe-haven demand has returned on rising COVID cases…
India Gems and Jewellery: A Sector With High Potential
India’s gems and jewellery sector is one of the largest in the world, contributing 29% to the global jewelry consumption. The sector is home to more than 300,000 gems and…
Gold continues rebound amid weaker Dollar and fall in Bond yields
With the start of the month of April, we have seen Gold prices rising by more than 5% with good physical demand at lower levels. Softer US dollar and a…
Gold Steadies After FED Minutes as Dollar, Bond Yields
Gold steadied, tracking movements in the dollar and bond yields, with investors weighing the latest insights into the Federal Reserve’s stance on monetary policy and inflation risks.
Bullion Report of 07-04-2021
Gold slipped from the highest level in more than a week as the dollar and bond yields steadied, with investors focused on details from the Federal Reserve’s most recent meeting.
Gold to gain bullish momentum above the strong $1720 support
Gold built on its recent bounce from multi-month lows, around the $1,677-76 region and edged higher during the first part of the trading action on Tuesday. Source: Fxstreet
India’s March gold imports surge 471pc to a record 160 tonnes
India’s gold imports in March surged 471% from a year earlier to a record 160 tonnes, as a reduction in import taxes and a correction in prices from record highs…
Bullion Report of 06-04-2021
Bullion has clawed back some ground after dropping last week to near the lowest level since June, with recent movements largely being dictated by the direction of bond yields. Holdings…
Bullion Report of 05-04-2021
Gold steadied as investors weighed signs of an economic rebound amid better-than-expected U.S. jobs data against the implications of President Joe Biden’s spending plans.