PrithvirajKothari.com

TOO MANY ECONOMIES PUTTING PRESSURE ON GOLD?

The ones who are constantly in touch with the world markets especially precious metals know that the driving force behind gold and the main reason for its volatility between 2008-2011 has been the: • FOMC’s policy • Falling long term treasuries rates • Higher risk of economic slowdown • Fear of...

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LOTS IN BASKET FOR GOLD IN THIS WEEK

The week was volatile for gold. Gold acted weak on Monday but later picked momentum by the end of the week, ultimately closing the week higher and notching a third straight week of gains. On Monday, gold prices ended slightly lower and pulled back from the positive gains witnessed last Friday. A...

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THE DOLLAR IS BEING WATCHED CLOSELY

Gold’s long term appeal continues to remain clouded by doubt. The dollar is getting stronger and the US economy is on the forefront and traders believe that interest rates will rise faster which weighs on gold as they lift the opportunity cost of holding non-yielding assets. Till Thursday...

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FED SETS THE RULES FOR GOLD

Since December 2008 to June 2011, gold rose 70 % as the Fed bought debt and held borrowing costs near zero percent. Last year being the worst performing year for gold, as prices slumped 28 per cent as the markets had expected that the central bank would taper its monthly stimulus program which...

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GOLD TEND TO MOVE SIDE-WAYS

As we just thought gold was acting positive and making a comeback, it proves us wrong by the end of Friday. Gold erased this year’s gains earlier this month on the outlook for higher borrowing costs as the U.S. economy improves. Bullion has since rebounded as the Fed signalled a worldwide...

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IS GOLD MAKING A COMEBACK?

Gold has fallen nearly 40% from its 2011 high above $1900 to reach below $1200 at the start of the week. A resurgent dollar, coupled with positive U.S. economic data, had been driving gold’s declines over the past few weeks. Investors tend to withdraw from non-interest-bearing assets to...

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GOLD’S FUTURE AT STAKE!!

As 2014 began, it was all green for gold. Investors thought that gold has once again entered the bull market. But this week gold shunned all its gains in 2014 and fell 0.7 per cent. On the other hand the dollar reached a four year high this week as there were high expectations in the

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DOLLAR DRAWING DIRECTIONS FOR GOLD

During the financial crisis in September 2008, gold price rose $50 in a single trading day on 18th September. Investors adapted gold as they perceived this asset to be a safe haven in terms of liquidity and security.  This day was marked in history as it was after February 1980 that gold had...

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DENOMINATING DOLLAR

Over the fortnight gold has witnessed a severe decline in prices. The first week kicked off with a plunge in gold prices and the same continued this week too. Historically September month has been the best performing month for gold, however this year it kicked off on a negative role as we saw...

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