Latest News for: Gold attractions

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Why Akshaya Tritiya is the perfect time to invest in gold; recent returns speak for themselves — explained

Live Mint 09 May 2024
... at Tata Asset Management, highlights that gold's role as a hedge against inflation and economic uncertainty makes it an attractive investment option beyond traditional jewellery consumption.
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Hunt for 17th Century Shipwreck Carrying $5 Billion of Gold Off the UK Coast

Greek Reporter 09 May 2024
Because of the strict laws on who has ownership of discovered treasure, “the days of people finding a big pile of gold and becoming rich overnight are well and truly gone,” added Hodge, ...
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Are Bitcoin futures options unlocking new opportunities for gaming?

CryptoNewsZ 09 May 2024
Due to the scarcity in supply, limited to 21 million coins, these coins have qualities similar to those of a digital gold standard, making them attractive to investors looking to protect their assets against market instability and sudden inflation.
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Strong demand drives up local gold prices – report

The Saigon Times 08 May 2024
HCMCVietnam’s increasing demand for gold is impacting market dynamics, ... “This fuelled safe-haven demand for gold and attracted investors with superlative returns in local prices.”.
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Demand surge, weak dollar seen to bolster gold prices

Khaleejtimes 08 May 2024
Gold has climbed ... This resilience highlights gold’s enduring appeal as a hedge against economic instability ... Lower interest rates also enhance the attractiveness of non-interest-bearing assets like gold.
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Gold holds ground as investors await US data for rate cut clues

Live Mint 08 May 2024
Spot gold was mostly flat at $2,312.61 per ounce at 1804 GMT ... gold futures for June delivery settled 0.1% lower at $2,322.3 per ounce ... A stronger dollar makes gold less attractive for foreign currency holders.
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A Grip on Sports: When it comes to the transfer portal scoreboard, we need our results now, not sometime down the road

The Spokesman-Review 08 May 2024
The players he will attract to Pullman may not be Grammy-worthy to some but that doesn’t matter – as long as they can make beautiful music together. Mark Few has been churning out gold records for years.
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VN registers strongest bullion demand since 2015

Vietnam News 07 May 2024
This fuelled safe-haven/wealth-preservation demand for gold, as well as attracting investors with superlative returns in local prices,” Shaokai Fan, head of Asia-Pacific (ex-China) & global head of Central Banks at the World Gold Council said.
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Gold eases as dollar ticks higher, Fed speaker on tap

Gulf Today 07 May 2024
Spot gold was down 0.5 per cent to $2,312.29 per ounce by 1218 GMT. US gold futures fell 0.5 per cent to $2,320.60 per ounce. The dollar index gained 0.2 per cent against its rivals, making gold less attractive for other currency holders.
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AZ-Gold Fund achieves 38% return increase since launch: Evolve Investment

Daily News Egypt 07 May 2024
Speaking with Daily News Egypt, Eltorgoman revealed that the fund has processed transactions totalling approximately 215 kilograms of gold and has attracted around 100,000 clients since last year.
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China’s young people are rushing to buy gold

Live Mint 07 May 2024
China’s gold market, which accounts for about a fifth of global sales, used to ...
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AEYSHA SAMSODIEN: Gold may be shiny, but we’re not buying

Business Day 07 May 2024
The gold ... Now, with interest rates having plateaued but still likely to remain high for longer than most had projected, the gold price continues to behave anomalously, still attracting good support.
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China's gold consumption rose 6% in first quarter this year; what is driving the rally?

Live Mint 06 May 2024
Despite conditions that typically diminish gold's attractiveness as an investment, such as higher interest rates and a robust U.S ... their appeal, gold investment emerged as a more attractive prospect.
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Gold prices surge following US jobs data and robust Chinese economic indicators

Invezz 06 May 2024
US employment data softens, boosting gold appeal. The gold market rebounded as the recent U.S ... Lower interest rates make gold, which does not yield interest, a more attractive investment by reducing the opportunity cost associated with holding it.
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China influencing global gold prices with robust demand

Hindustan Times 06 May 2024
However, the prolonged and resilient rise of gold, surpassing $2,400 per ounce, owes much to China's influence ... Amid average performance of traditional investments, gold has emerged as an increasingly attractive option.

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