What gives better returns over the long term -- Sensex, or Gold? On the face of it, both seem to accrue equal gains over the years, notwithstanding the short-term fluctuations
In the international market, gold prices edged higher as agreement on the US stimulus package increased its safe-haven appeal. So far on a year-to-date (YTD) basis, MCX gold has gained 29.02 per cent.
Analysts say latest headlines regarding COVID-19 vaccine is negative for gold but investors should wait for the dust to settle before making any changes in their gold investment.
Long term fundamentals are positive for gold but some noise in gold prices can be witnessed if the election result is not matched with market expectation
So far this week, gold prices have fallen Rs 2,326 or 4.50 per cent, while silver has lost Rs 11,206 or 16.5 per cent. The level at which gold is trading today was last seen on July 21 this year.
Analysts say that gold prices got crushed yesterday following a global sell-off in equity markets. US Dollar strengthened amid broad risk-off as rising cases of infection in Europe might prompt the government to initiate lock
Gold is now among the preferred investments as it has outperformed all other major asset classes this year. The report noted that this surge in prices is due to a rise in ETFs investments and not the traditional jewellery dem
Gold prices in India broke away from the global price rally for the first time in eight months, and reversed gains in August, after climbing lock-step for the first seven of the current year 2020.
Gold prices were trading higher on Wednesday, after declining half a per cent in the previous session. In the past five trading sessions, gold prices have fallen nearly 5 per cent
Analysts say the broad bullish outlook remains intact due to uncertainties surrounding the global economic recovery, hopes of fresh stimulus measures from central banks and a weak US dollar
Gold October futures were trading down Rs 370 or 0.70 per cent at Rs 52,252 per 10 gram, while silver September futures were ruling at Rs 67,440 per kg, down Rs 523 or 0.77 per cent on MCX
As long as yields stay below 1%, gold prices will remain positioned to the upside. Bouts of volatility and pullbacks in gold prices will occur from time to time.
Gold October futures were trading Rs 280 or 0.53 per cent up at Rs 53,555 per 10 gram, while the silver September futures were ruling at Rs 70,400 per kg, up Rs 1,245 or 1.80 per cent in early trade on MCX
With today's fall, the yellow metal is off Rs 4,211 or 7.5 per cent per 10 grams, similarly, silver prices have climbed off Rs 11,415 or 14.6 per cent per kg
Analysts say that China imposing personal sanctions against US politicians in retaliation for US action in Hongkong and visiting Taiwan have stroked investors' preference towards the safety of the US dollar
Gold October futures were trading Rs 156 or 0.28 per cent higher at Rs 54,945 per 10 grams while silver September futures advanced Rs 847 or 1.14 per cent to hold Rs 75,000-mark