Commodity Trade Mantra

Posts Tagged ‘SPDR Gold Shares ETF’

The Major Catalysts That Influence Gold Prices

Physical gold had its best quarterly gain in 30 years during the first quarter, and year-to-date, even with its recent swoon, physical gold is higher by roughly $200 an ounce. Gold has firmly reestablished itself as being in a bull market. The factors that move gold prices are largely unknown or overlooked. Let’s have a look at the seven most common factors that influence physical gold prices.

Gold Retreats as US Fed Members Turn Hawkish in Rate Hikes

Gold had been gaining traction earlier last week following a dovish report by Janet Yellen, the US Federal Reserve chairperson. Gold prices retreated following the rise in the US dollar index. With investors offsetting their positions to take profits and a hawkish view by other Fed members, the sentiment for gold seems to be negative.

Goldman's Blinkered View on Gold could be so Wrong

Goldman Sachs’ Jeffrey Currie has reiterated his view that gold will fall to $1050 by the end of the year but is he totally ignoring some of the likely key drivers ahead? While Currie is obviously entitled to his viewpoint we are not sure that stating these views in such aggressive terms is wise.

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.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook