Move spurred by unprecedented decline in demand; WGC is also working with large institutions for a bullion exchange in India, and with assaying centres to build consumers' trust
In a Q&A, the MD & CEO of Kotak AMC explains why SIPs make a good bet in the current scenario and why leveraging can prove disastrous
Likelihood of customers coming to sell their own gold holdings when stores open adds to their worries
The rally is under threat only when gold breaks 44,500
Both nosedived in mid-March amid panic selling and forced margin calls; each then recovered by about 20% as central banks and governments kicked in more stimulus
Until there is clarity about the type and extent of economic recovery, cryptos will also do well
The sharp rise, according to the WGC, was triggered by a flight to safety amid the coronavirus (Covid-19) pandemic that hit world economy hard, and plunged most global equity markets into a bear phase
Appreciating rupee restricts jump, global monetary easing to support gold further
ADX is showing momentum on the upside for Gold
News of factories and showrooms in China reopening after several weeks of lockdown boosts sentiment
Given the uncertainties in the market, analysts suggest incumbent investors should stay put in the stock, even as new investors may buy on further dip.
Silver traded at its lowest in international markets since May 2009 and crude oil, metals did their worse since 2016.
The dollar fell from a more than two-week high and stock markets plunged after the Fed cut rates for the second time this year
Spot gold was down 0.9%. For the week, it was down about 6.7% - the biggest since June 2013.
Brokers facing margin calls, started selling all commodities to pay for losses
Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets
The move is aimed at reducing concentration of custodial services for gold or related instruments, Sebi said
This ratio suggests how many ounces of silver can be bought with one ounce of gold
The metal has gained as much as 5.5% so far this week as worries over the coronavirus sent investors scurrying for safe-havens
Standard gold in Mumbai's Zaveri bazaar rose to Rs 42,400 per 10gm in spot trade