Recession and pandemic have been good supporters for gold this year. Gold has advanced 16.7% since March 2019. Simultaneously the dollar has dropped 6.8% All this while, gold continued to…
Gold bounced sharply from its mid-March lows as central banks slashed interest rates and launched quantitative easing, while governments undertook massive stimulus measures, in an effort to combat an economic…
Gold has been a major beneficiary of a weak dollar and low US interest rates over the last three weeks and this looks likely to change in the short-term. The…
As the last decade draws to a close, gold has once again demonstrated its safe haven status and alerted the keen observer that the general situation in the financial markets…
Gold is always considered as a valuable diversifies in times of economic and geopolitical uncertainty A couple of months ago, the economic upswing was still firmly established, production expanded, and…
History has proved time and again that following major factors have always sent triggers and brought about a rally in gold prices Financial market cyclicality Economic crisis. Geopolitical stress. Monetary…
As the saying goes by Warren Buffett, ‘Be fearful when others are greedy, and be greedy when others are fearful’ makes it very relevant in these uncertain times. The Indian…
The gold price has reached its highest level in almost eight years due to financial market concerns about the corona crisis. The price of the precious metal is on the…
Gold does very well as a calamity hedge, and I think we would all agree that this is definitely a calamity right now. In times of uncertainty, economic and otherwise,…
We are currently facing a plethora of seemingly enormously adverse economic data being released by governmental statistical entities, and this data is likely to get worse before it gets better. …
Gold opened on a positive note this week, as US President Donald Trump threatened to impose more tariffs against China over the coronavirus pandemic, which Trump alleged originated from a…
We have seen that gold has been moving sideways since early April. It is trading above Feb-March highs, but it looks like a consolidation within a medium-term uptrend for the…