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Gold prices off the Route?

Gold prices have been battered over the week. Starting with a high of $1330 to a low of $1282 and giving a close of $1294 has brought Gold prices back to its major support $1280. ($1280 acts as a strong support for Gold, below which Gold prices could attain new lows). The week started on

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OUR LOVE FOR GOLD

Gold is the world’s favourite metal and being an Indian, I have always been brought up with the principle that gold is one such metal the “HAS” to be a part of regular investments. Gold in one such unique asset in its class, that  enjoys a diverse set of loyal buyers. In fact...

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BAD NEWS PROVES TO BE GOOD FOR GOLD

I was awaiting this…gold bouncing back from its lows last week. As expected, gold crossed the $1300 mark on Friday. Bad news turned out to be the good news last week for gold. A higher unemployment rate and worse than expected job creation is the bad news that has proved good for gold...

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GOLD GOES ON A BUMPY RIDE

On Monday, gold reached a high of $1391.99, after the Crimean people had voted over the weekend in favour of joining Russian Federation. As Putin passed on the legislation, the west did their move with the first sanctions on Russia, now it is time to wait and see what Putin Replies. After...

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LOTS OF IF’s AND BUT’s FOR GOLD

Last year it was Syria…This year it’s Ukraine. Geopolitical tensions have always been a booster for gold and other precious metals and it has helped gold in enjoying its safe haven appeal as it always does in times of economic turmoil recession, inflation etc. This week gold remained on...

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GOLD TRAPPED?

Gold was choppy this week. It was seen moving sideways just before the payrolls data was released. Investors believed that a weak figure would mean that the economy is still fragile and this would underpin gold prices. Geopolitical tensions in Ukraine have underpin gold prices this week. Spot...

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2014- AN INTERESTING START UP FOR GOLD

Whenever a slightest of hope arises that the global economy is on a path of recovery …a jerk hits and turns this hope into a nightmare. But these people are surely giving gold and other precious metals a jerk in the upward direction. Price trend of gold in 2013, compelled many investors to...

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THE CHANGING CHINA

Amidst all the chaos that has happening at the Global level, I feel we should just relax a bit and understand what gold is really up to. At the current levels, it would be tough to make any short term predictions from Gold or Silver price levels. But lets take a recap and try to

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LET’S GET GOLD !!

Look in to the past- it was Feb 2013….Look in to the present- it is Feb 2014- Gold has risen 11 % since the beginning of the year…. Gold has shown some remarkable performances Since Jan- 1) Gold is up over 10 per cent since the 2013 closing lows 2)Gold crossed the $1300 mark for

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IS THE GOLDEN EGG ABOUT TO HATCH?

This week gold was up almost two per cent – giving it the largest weekly gain in five weeks. Initially gold was almost unchanged for the week,  until the jobs report was out. Post the US Jobs data, gold rose on Friday, after they stated that job creation slowed  over the past two months...

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