Gold delivers 16% gains from last Akshaya Tritiya. What is the outlook for next year?
The price of 10 grams of gold is off by nearly Rs 3000 or 4% from its lifetime highs and gold lovers now have an opportunity to buy the yellow …
gold outlook
With 13% returns in 2024 so far, gold bulls leave Sensex behind by miles
In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date …
Gold prices jump Rs 2,800 per 10 grams in 6 sessions. What should investors do now?
Gold has turned dearer by more than Rs 2,800 per 10 grams led by a six-session rally. The yellow metal hit a fresh 52-week high of Rs 65,525 on Thursday, …
Eroding geopolitical risk premium not in favour of gold’s appeal
Dismal US monthly job report and ISM services data Friday sank the US yields and consequently, the US Dollar index, which propelled the gold prices above $2000. However, reduced geopolitical …
Gold faces headwinds as hawkish Fed, rising yields pale optimism
During the September FOMC meeting, the Federal Reserve maintained the federal funds rate target range at a 22-year high of 5.25%-5.5%. Fed Chair Jerome Powell, however, conveyed that interest rates …
gold price outlook: Gold likely to remain rangebound with a bearish outlook next week
Highlights of the week ended August 4 included a huge surge in long-dated US yields and a US credit rating downgrade by Fitch. Long-term yields surged to fresh cycle high …
Gold is seen range-bound ahead of the US FOMC decision next week
The metal benefitted from the peak rate narrative being pushed by the markets as inflation readings in the US, Australia, New Zealand, and the UK came in short of forecast, …