Commodity Trade Mantra

Posts Tagged ‘Diwali’

Gold Jewelry Buying Expected to be Exceptionally Strong

Plentiful monsoon rains in India tend to drive up demand for gold & gold jewelry among rural, income-flush farmers, who make up a third of the country’s consumption of the yellow metal. Gold jewelry sales in India are expected to surge as much as 60% over last year, during this year’s festival season thanks to the fortuitously timed sharp drop in gold prices.

Gold Edging Close to Triggering a “Buy” Signal. Will You Buy?

Banks added 27 tonnes to their reserves in August in an effort to diversify their assets and hedge against their own policies. In a survey of 19 central bank reserve managers, the WGC found that close to 90 percent of them have plans either to increase their gold reserves or maintain them at current levels. Investors might consider doing the same, for the very same reasons.

Wish You All A Very Happy Dipawali

Best wishes on Dipawali – May millions of lamps illuminate your life with endless joy, prosperity, health, wealth, success & all the very best that life can offer – today & forever….From, Your friends at Moneyline & Commodity Trade Mantra

The Strong Season For Gold Buying Starts

The strong season in Gold is just getting underway, with this metal’s summer-doldrums seasonal low in place. Major income-cycle and cultural drivers from around the world lead to outsized gold demand surges. And gold’s best months of the year are nearing as Asian harvest buying ramps up followed by the fabled Indian wedding season’s arrival.

Diwali Greetings

Best wishes on Diwali – May millions of lamps illuminate your life with endless joy, prosperity, health, wealth, success & all the very best that life can offer – today & forever….From, Your friends at Moneyline & Commodity Trade Mantra

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