GOLD LOOKS LIKE A FALLING KNIFE: BUT LONGER-TERM PROSPECTS WILL ATTRACT BUYERS
Gold

GOLD LOOKS LIKE A FALLING KNIFE: BUT LONGER-TERM PROSPECTS WILL ATTRACT BUYERS

*The dollar is holding onto gains triggered by a surprisingly hawkish Fed decision *The bullion rally looks more like speculative dip buying and fast money short covering G ....

IN MAY NEAR 8% GAIN HANDED LONGS IN THE GOLD THEIR BEST RETURN IN 10 MONTHS
Gold

IN MAY NEAR 8% GAIN HANDED LONGS IN THE GOLD THEIR BEST RETURN IN 10 MONTHS

*Precious metals are likely entering a new bullish price phase *Traders/investors had already started hedging risks of an unknown market event As we move into the festival ....

RUSSIA MAY SURPASS CHINA TO BECOME LARGEST GOLD PRODUCER
Gold

RUSSIA MAY SURPASS CHINA TO BECOME LARGEST GOLD PRODUCER

*Russia produces 331 tons in 2020 while China declined 3.8% to 368 tons *Gold up to a two-and-a-half-month high $1823 With its estimated 331 tons in 2020, Russia ranked sec ....

GOLD IS DOWN 21% OR RS.12000: BUT IT COULD GET UGLY
Gold

GOLD IS DOWN 21% OR RS.12000: BUT IT COULD GET UGLY

*Investors fretted about collapse of a hedge fund, identified as Archegos Capital *It could even move below Rs 40,000 in the worst-case scenario As we look at gold right no ....

GOLD EMERGED AS ONE OF THE BETTER PERFORMING ASSET CLASSES IN INDIA
Gold

GOLD EMERGED AS ONE OF THE BETTER PERFORMING ASSET CLASSES IN INDIA

*Strong physical gold buying was seen in Indian markets *RBI raised Rs 16,049 crore through sales of SGBs equivalent to 32.4 ton February was a tough month for gold, which ....