MCX Gold Future Prices has also benefitted from disappointing US economic data which strengthens the case that Fed may keep interest rate low,” Kotak Securities said in a note.
Merry Christmas and Happy New Year 2020 – Gold Silver Reports
May the glow of Christmas candles brighten your day and the sound of carols sweeten it. A very merry Christmas to you and your loved ones.
GOLD WORKING ON A BULL-FLAG BREAKOUT
As we are now officially kicking off a holiday week, actually two with New Years coming up, gold is trying to break above an important threshold. Not an ideal time for this to happen, but if it comes with some push then perhaps as the calendar flips to 2020 it will gain meaning.
Why is Gold so Precious Metal?
The basis for its preciousness is it’s nature itself. Gold is a difficult resource to find but not impossible. That makes it immensely valuable. It is easy to store, easy to transport, and also it is very useful in many modern applications.
Buying Hallmarked Gold Jewelery in India?
We suggest that you go to shops where they sell hallmarked jewellery. In fact, all of the shops today sell hallmarked jewellery. Even in case you have a doubt you can ask for a purity test to be done.
PRECIOUS METALS VOLATILITY KEEPS HEADING LOWER, BUT GOLD PRICES ARE NOT….
Precious metals like gold have a relationship with volatility unlike other asset classes. While other asset classes like bonds and stocks don’t like increased volatility – signaling greater uncertainty around cash flows, dividends, coupon payments, etc. – precious metals tend to benefit during periods of higher volatility.
Russia Increase Gold Production more than 185.1 Tons – Gold Silver Reports
Russia increase gold production more than 185.1 tons of the precious yellow metal from January to July this year, according to recent data published by Russia’s Finance Ministry.