Gold Technical Levels : The Senate race will also be closely watched for gold traders, given that a blue wave scenario would likely push real yields further into negative territory and thus underpin the precious metal.
gold ETF
Investors continue to pour money into gold ETFs
Investment demand for gold remained strong in India with gold-backed ETFs seeing inflows for the fifth month in a row. This comes despite weak retail demand amid the coronavirus pandemic.
गोल्ड ईटीएफ में खूब हुआ निवेश – Gold Silver Reports
कोरोना वायरस संकट के चलते शेयर बाजार में उतार-चढ़ाव के बीच मई में गोल्ड एक्सचेंज ट्रेडेड फंड (ईटीएफ) में 815 करोड़ रुपये का निवेश आया। इसकी वजह यह है कि निवेशक अब निवेश के सुरक्षित विकल्पों की ओर रुख कर रहे हैं। पिछले साल इस श्रेणी का प्रदर्शन अन्य संपत्तियों की तुलना में बेहतर रहा है। अगस्त 2019 से गोल्ड ईटीएफ (Gold ETF) में कुल 3,299 करोड़ रुपये का निवेश आया है।
Gold ETF witnessed a net outflow of ₹195 core in March
Investors infused over ₹1,600 crore in gold exchange-traded funds (ETFs) in 2019-20, after pulling out money for the last six financial years, as the coronavirus outbreak spurred safe-haven buying.
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.
Spot Gold Expected trading Resistance $1,495 & Support $1,460
Spot Gold price tested the correctional bearish channel’s resistance and keeps its stability below it, accompanied by stochastic loss to the positive momentum gradually.
Gold ETFs Register ₹570 Crore Out-flow in 2018
Gold Silver Reports (GSR) – The outflow meant asset under management (AUM) of gold funds plunged by 6% from 2017 to ₹4,571 crore in 2018, data with Association of Mutual Funds in India (Amfi) showed.
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.