GJ Town India

  The markets could be jolted by implied bond volatility    Recently World Gold Council [WGC] published their report, Gold Market Commentary: Positioning revisited! Key focal points said, Gold drags itself higher! Gold prices edged up 0.3% to finish July at US$3,299/oz. A stronger US dollar contributed to positive returns in all major currencies. Year-to-date, gold remains up 26%.    Our Gold Return Attribution Model (GRAM) suggests a positive contribution from a rise in inflation expectations and tariff tensions via our geopolitical risk metric (both Risk and Uncertainty factors). Momentum factors also contributed positively, while a stronger US dollar proved a heavy drag on returns in July.    Gold ETF inflows of US$3.2bn (23t) were split almost equally between North America (US$1.4bn, 12t) and Europe (US$1.7bn, 11t), while Asia slightly increased (US$0.1bn,0.8t) and other gold ETFs (-US$0.1bn, -1t) experienced mild outflows. COMEX manage...

Gold price target of over US$ 4,800 by the 2030 end!   +28.1%, is the impressive performance of gold in the first 9 months of the year in US dollars & +42.3% is the even more impressive year-on-year performance as of the end of September. Ronnie Stoeferle, Precious metal analyst, Switzerland casted 5 Reasons in the favour, why the gold rally is not over yet!    He said, 1: Adjusted for inflation, gold is not yet at its all-time high, 2: Demand for gold remains high, 3: Interest rate cuts boost the gold price, 4: Demand from private and professional investors remains very low & 5: Geopolitical tensions remain high. In the row of the gold rally is not over yet, Colin Shah, MD, Kama Jewelry said, gold at near all-time high! He said, “Gold prices touched a new high of over Rs. 78,000/10 gm in the domestic market.  The bullishness in gold prices is largely driven by the robust festive demand from jewelers and traders ahead of Dhanteras and Diwali. ...