As global markets cheer the recent signs of geopolitical stability, investors appear to be embracing an “everything rally,” says Anurag Singh. In a conversation with ET Now, Singh observed that nearly all asset classes — from Bitcoin and gold to global equities — are witnessing upward momentum. “It is everything rally. So, take Bitcoin, take … Read more
In any year, investment in gold and silver always draws your attention. As we near the new year 2025, gold and silver remain top investment options amidst the persistent global economic and political uncertainty. The continuous gold purchases by central banks, notably China, along with anticipated rate reductions by the Federal Reserve, point towards a … Read more
New York: Central banks on four continents will make a final flurry of changes to borrowing costs in the coming week, before Donald Trump‘s return to the White House raises the prospect of global trade turmoil. By the time policymakers from Australia, Canada, Brazil and the euro zone convene for their first scheduled meetings of … Read more
China‘s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday. The pause by the People’s Bank of China (PBOC) started in May, when spot gold prices hit a record high. The previous 18 months of consistent buying by the PBOC, along with demand … Read more
Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies. Days after the Federal Reserve pared back projections for US monetary easing this year, policymakers from the UK to Australia are likely to signal that they’re still not convinced enough about disinflation … Read more
Buoyed by rate cut expectations after the Bank of Canada and the European Central Bank (ECB) cut rates earlier this week, spot gold rose to $2,387 on Friday, the highest level since May 22. However, the metal crashed on a robust US nonfarm payroll report. Spot gold closed with a loss of 3.49% at $2,294 … Read more
Central banks worldwide are playing a pivotal role in driving the ongoing bull run in gold prices. This article aims to dissect the intricate connection between central bank actions and the surge in gold prices, shedding light on the factors contributing to this phenomenon. Understanding Central Banks’ gold accumulation Diversification Strategy: Central banks are actively … Read more
Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more
Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.In the same week that multiple monetary officials meeting in Washington said they’re on the lookout for potential oil shocks that could reignite consumer-price growth, Israel’s attack on Iran on Friday … Read more
Mumbai: State Bank of India (SBI) is likely to kick off rupee bond issuances for the current financial year towards the end of this month or early next month with a sale of additional tier-1 bonds, sources aware of the development said The bond sale could be for up to ₹10,000 crore, with a base … Read more