Gold prices retreated on Monday as U.S. Treasury yields firmed, while investors’ attention turned to economic data for clues on the Federal Reserve’s interest rate trajectory in 2025 after the central bank flagged a slower pace of rate cuts this year.
ETF
Can gold ETFs reduce Current Account Deficit?
One of the reasons why India and Indians weather global economic crises better than their global peers is due to their significant gold holdings. Gold tends to do well or at least offers a store of value during economic calamities. Whether it was the Great Financial Crisis of 2007-08 or the COVID-19 catastrophe, if you had gold in your portfolio.
स्पॉट ईटीएफ से लगातार सात दिनों तक निकासी के बीच बिटकॉइन 61,000 डॉलर के आसपास बना हुआ है
बिटकॉइन (BTC) की कीमत में मंगलवार को थोड़ी उछाल आई, जो $61,000 के आसपास रही, जबकि सोमवार को इसमें 4.6% की गिरावट आई थी, जब यह अवरोही वेज पैटर्न से नीचे टूट गई थी। जुलाई में बिटकॉइन और बिटकॉइन कैश के लेनदारों को पुनर्भुगतान की माउंट गोक्स की घोषणा बिटकॉइन स्पॉट ईटीएफ (ETF) से $174.5 मिलियन के बहिर्वाह के साथ हुई, जो लगातार सात दिनों तक जारी बहिर्वाह को दर्शाता है।
Gold Rally Sputters With Bets on Vaccine, Economies Denting ETFs
The rally in gold, which surged to an all-time high two weeks ago, is showing signs of losing steam with hopes for a coronavirus treatment and signs of improving economies undercutting the metal’s appeal as a haven.
It’s Blue Skies in Gold ETFs as Investors Flee Equity Turbulence
The $32.4 billion SPDR Gold Shares fund, ticker GLD, saw inflows of more than $643 million one day this week, the most since July 2016.
How to Invest in Gold
Gold Silver Reports (GSR) – Gold is one of history’s most famous and important metals and has been the basis for monetary systems for thousands of years. Although no country today still uses the gold standard, the demand for the product as an alternative to fiat money has picked up in recent years thanks to the impressive stability of the precious metal.
Stronger Dollar Pushes Gold Back Towards 6 Month Lows
Gold Silver Reports (GSR) – The Indian rupee is also near a record low against the dollar, Japan’s yen is at its weakest since mid-May and the value of the euro was eroded by the potential for a row over migration policy to fracture the German government…