Commodity Trade Mantra

Posts Tagged ‘Gold Price Rally’

Gold and Silver Rally to Resume from Around 26th Sept - Expect Volatility Till Then

I believe that the bull run in gold and silver, that paused in its tracks in July, will continue swinging both ways with a high degree of volatility till Sept end, but will be back in a more vigorous and ferocious form soon after. I strongly believe that this bull-run-on-steroids phase in gold and silver will take off around 26th September 2016. Secure your tomorrow ….today.

Timeline For Gold Price Movements & The Next Gold Price Rally

It’s possible that gold could trade as low as $1285 and back near its 50-day moving average before bottoming. This area has proven as support all year. Expect a renewed rally in August back to near, but likely not exceeding much, the highs of late June & early July. Something between $1370 – $1390. Another tumble in mid-late Sept & finally, a breakout to new 2016 highs in Oct and Nov.

While the Spotlight was focused on Gold, Silver Quietly Outperformed

While investors have primarily focused on gold’s bull run, silver has quietly outperformed the yellow metal. Between Jan. 1 and July 11, the price of silver increased 44.7%, while the price of gold increased 27.7%. The sensitivity of industrial demand to economic factors can make silver more volatile than gold, but recent surge in silver appears to be primarily driven by investors seeking safe haven.

Gold Heading to $1,500, but Silver can Overshoot $30: Bank of America

Macroeconomic uncertainty in the UK, Eurozone and US remains elevated. The world has been & will keep on walking from crisis to crisis. The importance of that dynamic for gold and silver is mirrored by the high correlation between potential US GDP growth & gold quotations. With even the sellside starting to turn now, there may be more upside as the slow money starts to move in.

SWOT Analysis - Where are Gold Prices Headed?

Gold prices are headed for the biggest weekly slump since November. But investors are still pouring cash into Gold ETFs & the assets continue to increase, with holdings currently near a two-year high. Gold miners have embraced hedging which could signify that miners don’t believe the high gold prices can last. Yet, JPMorgan Chase believes investors are better off betting on gold.

Is The Rally Beginning, Or Is That It For Gold Prices?

Following the sharp fall back in gold prices to near US$1,200 an ounce, Bloomberg’s headline said ‘Gold coming back down to earth’. Gee, sounds scary. Is that it for gold then? Is the bear market about to resume? My personal view: As long as the price doesn’t fall back below US$1,160, gold looks good for another move higher, which would put an end to the bear market.

When Will Gold Stocks Rally? What Matters Is Gold Prices Can't Go Lower

The market is at the “bottom” for gold and other metals. That’s because all-in sustaining costs for the industry now average about $1,100/oz when you include the interest that major gold producers pay on their debt. There absolutely is demand for physical gold, and the price has to be at least what it costs to produce the metal.

12 Pressing Questions on Precious Metals and Natural Resources

Investing in natural resources and precious metals is attractive today because the sector is so much cheaper than it was three years ago. Many of the stocks are trading at a 90 percent discount to their prices in 2011. For a contrarian investor, I believe that we are seeing a historic opportunity now.

A Gold Price Rally Ahead - Similar to 2005-2008

Royal Bank of Canada Capital Markets analysts have come up with a detailed analysis of the gold market over the next few years comparing it with the big ETF driven gold price rally of 2005-2008. They also note Chinese gold demand may actually be less price sensitive than seen in India & the West.

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