Over the past month, the crypto market has experienced notable price swings, with the total market capitalization oscillating between $3 trillion and $3.73 trillion. A key catalyst behind this volatility is President Trump. While his inauguration took Bitcoin to a new all-time high of $109,200, his recent trade war did the opposite. The administration imposed … Read more
Investment in precious metals is seen as a protection from enduring inflation, shifts in the prevailing market and economic recession and sustainably helps wealth creation in the run. Gold comes with a great degree of stability, whereas silver has a lot of potential for growth due to its industrial applications. Adding these metals to long-term … Read more
Silver exchange-traded funds (ETFs) have demonstrated significant growth, surpassing gold ETFs in the past year. According to the latest report by ICRA Analytics, silver ETFs have generated returns of 32.49% over the previous year, outperforming gold ETFs which only yielded 28.07%. Historically overshadowed by gold, silver has outperformed the yellow metal with a 30% return … 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
Diversification is a cornerstone of prudent investing, and incorporating MCX Gold and Silver contracts into a diversified portfolio can offer investors valuable benefits in terms of risk management and wealth preservation. In this article, we’ll explore the role of precious metals in portfolio diversification and provide insights into how MCX Gold and Silver investments can … Read more
By Eddie Spence Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic panicked markets. The dollar gained as concern over the outlook for global economic growth bolstered the appeal of the currency as a haven, sapping demand for gold. Fears are mounting that rising coronavirus cases, … Read more