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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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PAUSE – GOLD PRICE RALLY!

Gold price rally has taken a pause for the first time this year. Fed’s stimulus cut and Chinese New Year holidays have created a major impact on the yellow metal prices.   Fed expectedly tapered $10 billion to $65 billion a month, second such move by central bank to cut back on the stimulus...

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THE YELLOW METAL IS ALL GOING GREEN

In 2008, when the financial crisis rattled economies, investors inevitably resorted to the perceived safety of gold – and its price escalated from $800 to $1900 an ounce. This, in turn, accelerated the exploration for yet more gold. And gold became the most sought after metal. But in 2013...

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UP DOWN UP- GOLD PRICE TREND UNCLEAR

So far…so good…it has been a decent start for gold. In the first fortnight of 2014, gold scaled up by 3.7 per cent. As we all know that 2013 has been one of the worst performing years for gold and it was down almost 28 per cent. It even ended a 12 year bull run

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GOLD ROLLING AROUND PAY ROLL

New Year’s first full week began with a green note for gold where the weakness on Wall Street widened bullions rally. However, Gold fell on Tuesday and Wednesday.  An expectation of a positive US jobs data (slated to release on 10th Jan), compelled investors and traders to believe that the...

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PRECIOUS SWEET REVENGE- WHATS NEXT??

In the first trading week of 2014, gold was seen taking revenge to all those investors who shifted from gold to equities and other assets in 2013. Many claimed that gold has lost its glitter and is no more a return generating asset. By its performance in the first week of 2014, gold put a

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Gold- Past performance future prediction

As the year comes to a close, let’s take a look back at the main gold trends this year, from the impact of US Federal Reserve interest rate hikes to widespread geopolitical uncertainty, how it performed and how the outlook is in 2018. Though gold made double digit gains in some currencies, it...

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