Tag: 2021 gold price

  • Gold price one the rise as dollar holds firm on Fed taper bets.

    Gold price one the rise as dollar holds firm on Fed taper bets.

    Reading Time: 2 minutes Gold holds firm on Tuesday, finding support from rising geopolitical risks due to US President statement on Sunday saying that he would increase tariffs to Chinese goods and impose new tariffs to remaining Chinese imports. It was claimed that Chinese officials were considering cancelling the planned US visit to resume trade…

  • Gold Holds Firm Amid Rising Trade Tensions.

    Gold Holds Firm Amid Rising Trade Tensions.

    Reading Time: 2 minutes While global markets plunge due to US increasing tariffs on Chinese imports worth $200 billion last week followed by Chinese retaliation on Monday, gold holds firm close to one month high by finding support from increasing safe haven demand. China Ministry of Finance announced on Monday that China would increase a…

  • Gold Steady Ahead of Fed Minutes.

    Gold Steady Ahead of Fed Minutes.

    Reading Time: 3 minutes While trade tensions seem to calm down due to US easing restrictions on Huawei for 90 days, gold is weighed on by strong dollar ahead of Fed minutes. As there is no scheduled meeting between the US and China yet, China’s ambassador to the United States said Beijing was ready to…

  • Investment and jewelry demand within India is often decidedly blurry.

    Investment and jewelry demand within India is often decidedly blurry.

    Reading Time: 2 minutes This is one of the many reasons why the Indian government’s quest to rein in gold imports is rather quixotic and, it begs the question, how sustainable is the current regulatory framework? In its daily precious metals note, UBS asks exactly that, commenting that, while the situation is fluid, “There is…