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Silver: The rising star in India's commodity & investment landscape
Silver is gaining prominence in India's commodity and investment landscape due to its expanding industrial applications in electronics, solar energy, 5G, and healthcare. India's growing demand, along with silver's dual role as a precious and industrial metal, supports its rising status as a vital asset class.
Trump impact: How has outlook for gold changed after US elections?
Gold prices experienced a sharp decline following Donald Trump's victory in the US presidential election. Traders, initially concerned about a potential rise in the US fiscal deficit due to Trump's proposed growth stimulation policies, drove an initial surge in gold prices. However, as markets embraced Trump's growth vision, gold prices fell.
Gold ETFs draw investor interest ahead of Dhanteras, inflows surge by 88% YTD: ICRA Analytics
Gold ETFs are gaining popularity ahead of Dhanteras, with YTD inflows up 88% to Rs 1,232.99 crore, driven by liquidity, transparency, and rising demand amidst geopolitical tensions.
2025 outlook: The year of soaring oil prices?
Amid rising geopolitical tensions between Israel and Iran, potential supply disruptions via the Strait of Hormuz, and Hurricane Milton's impact on U.S. oil infrastructure, crude oil prices are expected to surge. OPEC+ spare capacity may mitigate shocks, but persistent conflicts could drive prices further upward.
Gold prices in India at historical highs. Is risk-reward favourable?
Gold prices in India are at their highest ever, driven by geopolitical tensions and increased demand during the festive and wedding season. The market predicts a possible correction, suggesting investors wait for more favorable prices. Currently, high prices and a strong international market make buying less attractive.
Learn with ETMarkets: Spot gold at its all-time high. Know how to trade using RSI and economic data
Gold prices achieved significant gains this year, almost 20% domestically and 30% internationally. Key factors influencing these prices include central bank buying, global economic conditions, the dollar index, economic data, and geopolitical tensions. The use of the RSI indicator is recommended for trading Gold effectively. Gold continues to be a popular investment, especially during economic slowdowns and crises.
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Gold prices surge Rs 8,500/10gms since Budget lows. Could Rs 80k be a reality by year-end?
Gold prices have surged to record highs of ₹76,000 per 10 grams within two months following the July Budget's import duty cut. Analysts expect prices could rise further to ₹80,000 due to positive global trends and the upcoming festive season.
Any increase in global commodity prices is a matter of concern, says Monetary Policy Committee member Shashanka Bhide
Monetary Policy Committee's Shashanka Bhide, whose term is about to end, highlighted concerns regarding potential shifts in international commodity prices due to ongoing domestic food price pressures. He noted mixed trends in private investment and recent rises in real interest rates due to lower inflation. Bhide appreciated policy coordination within the MPC amidst significant challenges during his tenure.
Custom duty reduction impact: How gold prices may perform in near future
Government has slashed customs duties on gold and silver by 6 percent. The basic customs duty has been reduced to 5 percent from 10 percent, and the Agriculture Infrastructure and Development Cess lowered to 1 percent from 5 percent. This decision will effectively bring down the overall taxes on gold and silver in the country to 9 percent from an earlier 18.5 percent inclusive of GST.
Union Budget 2024: Commodity market's expectations & weekly outlook
Experts discuss recent trends in the commodity market and expectations for the upcoming budget. Gold and silver prices fluctuate as market awaits import duty changes. Insights shared on market direction and potential impacts on precious metals.
Commodity Talk: Gold's 13% H1CY2024 returns robust, but positives priced-in now, says Anuj Gupta
Average returns by gold over the past five years are at 8.43%. Its best six-month performance has been in 2020, the year of Covid lockdowns. That year gold yielded nearly 25% returns. The next highest are in 2024 at 13.26%. In H1 of 2022 and 2023, the returns were 5% and 6%. It has given negative returns of 6.60% in 2021.
Commodity Talk: Silver down by Rs 5,000/kg in June. Is it setback to Rs 1 lakh target in 2024?
We do see further corrective moves of upto 2 – 3 % in prices in case US macro cues support the dollar further in near term. However silver is still expected to witness new all time highs this year driven by concerns of 2 rate cuts to persist driving investment demand in white metal.
Not with standing weekly loss, downside in gold likely to remain limited
Going by the action in bonds, the markets are still not giving much credence to the idea of a rate hike. The next week is quite crucial for the financial markets as many major data and reports will be released.
Domestic copper at lifetime highs; factors affecting the price surge
Record copper prices are driven by Chinese stimulus, mine supply concerns as well as green demand. MCX and LME futures surge. The Chinese 1 trillion yuan stimulus has boosted industrial metals demand for electric vehicles, renewable energy, and power grids. Goldman Sachs predicts major copper market deficit with US manufacturing rebound.
Gold rallies on rate cut expectations amid US economy slowdown
Spot gold rose on Friday despite US inflation data, anticipating rate cuts amid a weakening US economy. US CPI and PPI Final demand were below forecasts. US Fed Chair Powell remains optimistic about inflation. US Philadelphia Fed business outlook was below expectations. Fed officials hold varying views on rate adjustments.
Longer for higher rates may dim gold’s shine next week
Next week, US CPI data will be released, which will be crucial for gold. In case of hotter-than-expected inflation data, gold will fall. The bullion rally has coincided with a rally in risk assets and bonds.
