The US dollar has dropped to a three-year low following intensified attacks by Donald Trump on Federal Reserve chair Jerome Powell and sweeping tariff announcements. The greenback’s slump has sent shockwaves through financial markets, while gold surged past $3,500 per ounce as investors rushed to safe-haven assets. The sudden drop in the dollar triggered a …
Gold, a timeless symbol of wealth and stability, continues to hold a significant place in the global market. Understanding the factors driving gold demand is crucial for investors, industry analysts, and anyone interested in the economic landscape. Here's a comprehensive look at the key forces shaping global gold demand: 1. Safe-Haven Status: Gold is widely …
In the face of global uncertainty, the allure of safe haven assets like gold intensifies. Often dubbed a "crisis commodity," gold has historically held its value during turbulent times, acting as a hedge against inflation and market volatility. But is gold truly the safest investment, and how do global events like wars and pandemics impact …
The Reserve Bank of India (RBI) has announced a plan to sell sovereign gold bonds (SGBs) — government securities denominated in grams of gold — in six phases until September 3. This offers a good option to investors who can look forward to appreciation in gold prices at the end of the eight-year bond tenure. …
