Posted on May 19, 2020 at 12:00 am
The gold price has reached its highest level in almost eight years due to financial market concerns about the corona crisis. The price of the precious metal is on the rise this year as investors are looking for safe havens to invest in because of viruses.
Posted on May 13, 2020 at 12:00 am
In times of uncertainty, economic and otherwise, gold is considered a safe haven investment, a fact which is further being corroborated by the current movement of gold prices and demand for all forms of gold investments, be it bullion, paper gold, spots and futures.
Posted on May 08, 2020 at 12:00 am
We are currently facing a plethora of seemingly enormously adverse economic data being released by governmental statistical entities, and this data is likely to get worse before it gets better. Indicators like unemployment levels, PMI readings, retail sales figures, manufacturing output etc, are all continuing to get worse.
Posted on May 05, 2020 at 12:00 am
Gold opened on a positive note this week, as US President Donald Trump threatened to impose more tariffs against China over the coronavirus pandemic, which Trump alleged originated from a lab in China.
Posted on May 02, 2020 at 12:00 am
We have seen that gold has been moving sideways since early April. It is trading above Feb-March highs, but it looks like a consolidation within a medium-term uptrend for the yellow metal.
Posted on Apr 21, 2020 at 12:00 am
With uncertainty surrounding the world economy because of the coronavirus and crude oil price crash, gold prices have been a roller coaster throughout the start of 2020.
Posted on Apr 13, 2020 at 12:00 am
Gold has been shining all the way, ever since Covid-19 became a pandemic. There was great volatility witnessed world over, wherein prices climbed to their highest level since 2012.
Posted on Apr 07, 2020 at 12:00 am
The coronavirus, which emerged in China late last year, has turned into a global pandemic that has claimed lives of over 70,000 people and paralysed large wraps of the global economy.
Posted on Apr 01, 2020 at 12:00 am
Over the past few weeks, Covid-19 has reached into the pandemic stage globally, and is creating havoc not only medically but also economically. We have seen Covid-19 evolve from a predominantly Chinese outbreak to a global crisis. As of 1st April, 2020, there have been nearly 859,929 confirmed cases and over 42,000 deaths across 203 countries, and these numbers continue to increase on a daily basis. Although China remains the hardest-hit country in absolute terms, relative to its population, more than 20 countries, most of them in Europe, have now surpassed it, the most affected being Italy.
Posted on Mar 24, 2020 at 12:00 am
It was like a sabbatical for me as I write after a fortnight. There was too much volatility in the markets where prices were just swinging. Varied reasons being responsible, I actually wanted to take time out, analyse the global scenarios and then put across my inputs on gold’s behaviour.