Gold expected to perform well in 2019
Last fortnight gold fell near two week lows. It was heading for its biggest weekly fall in nearly four months on 28th Feb. A strengthening dollar backed by rising equities…
Posts by admin
Gold Restores Faith
The uptrend has once again moved into gold’s life. Gold leaped towards $1365 and the highs of almost a year ago. From the last two quarters of 2018 till date,…
Gold preserves your wealth
In 2018, gold fought against significant demand for traditional stock and mutual fund investments and weathered tremendous exchange-traded-fund outflows. Gold has been under pressure from a stable and slightly appreciating…
Vietnam:Gold shops prepare for sales surge
Gold demand is expected to surge today, the God of Wealth Day which falls on the 10th day of the lunar year.Legend has it that the god returns to heaven…
Dollar strengthens but sentiments for gold are positive
Gold started the week on its back foot, testing the $1,300 level mid week. The metal recovered sharply ending the week essentially unchanged. A key catalyst for the recovery in…
Gold holds firm on trade, growth worries; heads for weekly fall
Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly…
Key data shifts market sentiments
Last week a lot was happening for gold globally and in the domestic market. While there was important data released from the US, in the domestic market too all eyes…
Govt proposes national gold spot exchange, seeks to organise trade
The government proposes to set up a single spot exchange for gold, finalising a method to organise the yellow metal’s trade a year after the idea was mentioned in the…
Union Budget 2019
It’s an important week for gold, both internationally and in the domestic markets. Amidst the Fed chaos, our very own budget got overshadowed. Many suggestions have been made to the…
Gold looks moderately bullish
This week is all about the much awaited FOMC meet. The Federal Open Market Committee meets between Jan. 29 and Jan. 30, and Chairman Jerome Powell is widely expected to…
Gold futures up 0.15 per cent on positive global cues
Gold futures were trading higher by 0.15 per cent at Rs 32,595 per 10 gram Tuesday as traders raised bets amid positive cues from global markets. Gold to be delivered…
Gold prices held steady at Rs 33,210
Gold prices held steady at Rs 33,210 per 10 gram at the bullion market on Thursday in scattered deals even as the precious metal weakened overseas, according to the All…