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Iraq to Ukraine – Safe haven boost!

All that was written about Gold about the next downfall, proved incorrect till date. Safe haven buying returned lying a Torpedo which took out all the possible resistance levels. Silver proved that it is always the best ally of Gold and moved at a much faster pace than Gold. Gold saw a very good...

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Safe haven buying returns: Gold in picture!

As the week ended, Gold once again became the centre of attraction in the commodities market. Bullion metals rallied on Thursday. Gold was at a three week high on Thursday, sustained by safe haven buying following outbreak of violence in Iraq and disappointing economic news out of the US. Last...

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GLOBAL MANTRA- “JUST WAIT AND WATCH!”

Once again, gold was surrounded by a cloud of doubt…..doubt of gold being a safe haven asset…doubt of gold being the most dependable asset in times of uncertainty. While Thursday showed signs of gold on the path of recovery, the US jobs data released on Friday once again proved fatal...

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A DREADFUL WEEK FOR GOLD

It’s been a dreadful week for gold. The yellow metal is down almost 3%, the most in any week since late March. I have repeatedly been making a point that gold prices are being pulled by the bullish and bearish factors and it has been moving on a see saw as we get a positive

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GOLD INVESTORS BE CAUTIOUS!

On Friday, Gold prices were moving between small gains and small losses as the markets were quite calm as investors reined in their trading activity ahead of a long weekend in U.K. and the U.S. Spot gold was down 0.2% at $1,291.32 during trading hours where as silver was 0.3% lower at $19.391 an...

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GOLD ON A SEE SAW

The year began on a positive note for gold after a terribly weak performance in 2013. By 2014, Mid February gold was once again enjoying the status of the most sought after metal, as we saw the yellow metal moving on the road of recovery. Now gold is being pulled between bullish and bearish...

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UKRAINE REIGNS OVER GOLD PRICES!!

Gold has been showing quite interesting movements lately. Last week, gold was lying at a three month low of $1,270 an ounce post the economic recovery and reduced safe haven appeal. This negative sentiment continued this week as Gold rose slightly but remained below $1,300 an ounce on Tuesday as...

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Gold Gains Momentum, Investors Gain Confidence!

While gold gained momentum, investors gained confidence in gold. Gold spurred the longest price rally in six months. Initially gold was on low, but prices got pushed higher by the end of the week. On Monday, gold fell to nearly a three week low as we witnessed outflows from the worlds biggest...

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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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