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Why buy Gold?

IIFL | Mumbai | February 04, 2016 17:14 IST

Negative interest rate policy adopted by ECB and BOJ clearly conveys that central banks are running out of ammunition in order to combat deflation. This is constructive for gold prices. We infer that such fragile economic landscape will eventually bring gold as an investment avenue back in the reckoning.

Gold prices are set for a gradual recovery in 2016? GFMS Gold Survey suggests that

India Infoline News Service | Mumbai | January 27, 2016 13:00 IST

India's Jewellery consumption increased 14% year-on-year to 204 tonnes in the fourth quarter of 2015, the highest since Q3 2008 and the all-time high for fourth quarter demand.

Gold under pressure post US Fed rate hike

ForexTime.com | Mumbai | December 18, 2015 12:33 IST

This commodity has been a victim to heavy depreciations from the rising optimism around a December US rate rise, and now this has become a reality, any hope for a recovery in prices before the end of the year has promptly faded.

Gold bonds are here, will they click this time around

India Infoline News Service | Mumbai | November 04, 2015 16:56 IST

The Reserve Bank of India has fixed the public issue price at Rs 2,684 per gm for the sovereign gold bonds, for which applications will be accepted from November 5 to 20.

Gold did it: September trade deficit fell despite poor exports and stronger domestic demand

Mumbai | October 16, 2015 12:46 IST

The trade deficit could widen again over the next few months given headwinds from external demand and strengthening urban consumption.

ForexTime.com on USD performance and gold

ForexTime.com | Mumbai | October 06, 2015 10:27 IST

There does seem to be an improved sentiment when it comes to the global markets as we enter the final quarter of the year, which is a substantial contrast when you take into account the excessive downside pressures which they were facing at the end of the previous quarter.

Gold will continue to trade range bound with a likely downward bias: Chirag Mehta

Mumbai | October 05, 2015 23:56 IST

However, post the policy, Fed Chair Yellen, underlined her case that raising rates will be appropriate later this year bringing back the uncertainty and pulling gold lower. All in all, we saw gold price decline by -1.7% for the month amidst the fed induced volatility.

Cabinet approves Gold Monetisation & Gold Bond Schemes

India Infoline News Service | Mumbai | September 09, 2015 13:43 IST

The objective of introducing the modifications in the schemes is to make the existing schemes more effective and to broaden the ambit of the existing schemes from merely mobilizing gold held by households and institutions in the country to putting this gold into productive use.

Gold continues to decline as traders awaited timing of US-rate hike

India Infoline News Service | Mumbai | September 04, 2015 16:06 IST

With spot gold remaining almost the same with minimal change at $1,125.31 an ounce by 0040 GMT, after losing about 1 percent in the last two sessions, gold prices dipped from a two-day losing streak on Friday, says a Reuters report.

Gold should form part of every portfolio from a risk reduction perspective

Mumbai | August 28, 2015 15:39 IST

Elevated portfolio volatility, to our mind, is the biggest threat to goal oriented portfolios since it has the potential of distracting attention from the goal.

Gold demand fell in a challenging quarter, but smoother path ahead: World Gold Council

India Infoline News Service | Mumbai | August 13, 2015 10:28 IST

Gold demand declined to 914.9t in the second quarter a 12% year-on-year drop as consumers faced a number of challenges. Jewellery demand came under pressure from negative consumer sentiment, while investment was undermined by stock market gains and a lacklustre price environment.

Gold prices recover in India, globally amid Chinese jitters

India Infoline News Service | Mumbai | August 13, 2015 08:40 IST

Standard gold touched INR 26,000 per 10g, a level not seen since July 17, but prices slipped on profit booking by stockists. Gold closed at INR 25,900 per 10g, a rise of INR 380 from Tuesday.

Gold falls below Rs 25,000 to a new multi year low in India

India Infoline News Service | Mumbai | August 07, 2015 12:48 IST

Prices of gold in Singapore, which normally determines price trend in India is also trading at 5-year lows. The price fall in gold has not been sudden, since last year or so, the prices at global levels have been under constant pressure.

Gold demand at weakest since 2009; prices expected to stabilise in Q3

India Infoline News Service | Mumbai | July 28, 2015 15:49 IST

Q2 2015 physical gold demand was at its weakest since 2009, down 14% year-on-year as few markets reported increases and Chinese buyers stayed away from gold.Almost all major physical gold markets suffered in the second quarter as retail investment (demand for bars and coins) fell another 12% year-on-year and is now some 63% below the Q2 2013 peak.

Will lower gold price lead to high imports and pressure on rupee

India Infoline News Service | Mumbai | July 28, 2015 14:27 IST

Gold prices hovered near their weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates.

Gold losing glitter! Is it the right time to purchase?

Mumbai | July 27, 2015 09:24 IST

The status of gold being a safe-haven is also now fading away as investors are looking at riskier investments or assets like equities. There is a possibility of gold even coming down to Rs 21,000 levels per 10 grams, depending on how global factors play out.

All that glitters might not be gold for your portfolio

India Infoline News Service | Mumbai | July 24, 2015 09:43 IST

To the astonishment of many market participants and economists, gold has been falling for last 10 consecutive days and this is the longest losing streak for gold in last 20 years.

Cabinet nod for Gold monetisation scheme soon?

India Infoline News Service | Mumbai | July 23, 2015 15:45 IST

A person or institution holding surplus gold can get it valued by BIS-approved hallmarking centres, open a gold savings account in banks for a minimum period of one year and earn interest in either cash or gold units, as per the guidelines

Gold returns to the spotlight amid Asian stock slump

India Infoline News Service | Mumbai | July 10, 2015 08:52 IST

The tensions in Europe have helped push the risky assets south, but although wed usually expect gold to gain from its safe haven value, it was in fact dipping earlier this week, with the strength of the US dollar mostly to blame.

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