Krishna's Gold Buyer’s Post

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🌟 Gold Prices Surge: What You Need to Know! 🌟 📈 Current Price in India: Approximately ₹7,942 per gram 🔼 Increase: 60% since October 2018 Why is Gold on the Rise? 1️⃣ Persistent Inflation Despite multiple interest rate hikes by the Reserve Bank of India, inflation remains stubbornly high. Investors are increasingly turning to gold as a hedge against inflation! 💰 2️⃣ FII Selling Pressure In September and October 2024, Foreign Institutional Investors (FIIs) recorded a net selling of ₹80,217.90 crore worth of Indian equities, reflecting cautious market sentiments. This shift has prompted many to seek refuge in gold. 📉 3️⃣ Weakening U.S. Dollar With predictions of a shallow U.S. recession and potential rate cuts, the dollar may weaken further. Historically, a declining dollar boosts gold prices! 🪙 4️⃣ Geopolitical Instability Ongoing conflicts, like the Israel-Hamas situation, heighten demand for gold as a safe haven. In uncertain times, gold truly shines! 🌍 What’s Next? Analysts, including The London Bullion Market Association, predict gold prices could climb to between ₹8,300 and ₹8,830 per gram in the near future. With ongoing economic instability, inflation concerns, and a weakening dollar, gold is becoming an essential asset for Indian investors. 🌟 #GoldPrices #Investment #StockMarket #Inflation #FII #Recession #USDollar #SafeHaven #GlobalEconomy #Finance #WealthManagement #Investing #MarketTrends #India

Gold Prices Will  Cross ₹1 Lakh   According to reports from Goldman Sachs and Bank of America, gold prices could soon reach ₹1 lakh per 10 grams. Experts warn that the US economy is unstable, and if the American markets crash, Indian markets will also be affected.  History shows that whenever stock markets fall, gold prices rise. This is why financial experts recommend keeping at least 10% of your investments in gold to protect your portfolio from risks.  Ahead of Diwali, gold prices have crossed ₹80,000 per 10 grams. One major reason for this rise is the US government’s heavy borrowing. When the government borrows more money, it issues a lot of treasury bonds. However, too many bonds can reduce their demand and value, leading investors to choose safer options like gold.  Central banks are also buying more gold. In the last 10 years, the share of gold in their reserves has grown from 3% to 10%. When central banks buy large amounts of gold, prices are even higher.  Gold can be a smart way to protect your money during uncertain times and guard against inflation. If you haven’t added gold to your portfolio yet, this could be the right time to consider it.  What do you think about investing in gold? Let me know your thoughts!

Where is Gold Headed? #Gold prices have taken the investment world by storm 🌪 Anyone who has been tracking gold prices in India can't have missed the meteoric rise. The yellow metal has gained over 15% in the last 3 months alone, leaving other asset classes eating dust. Spot gold prices breached ₹71,000/10gm last week and don't seem to be looking back anytime soon. Going by analyst projections, gold may even hit ₹1,00,000/10gm mark in the next 2-3 years. But what's fuelling this bull run? Rising inflation worries, strength in US dollar, increasing geopolitical tensions and expectation of interest rate cuts by the Fed have combined to give gold the perfect storm. Not to forget that central banks around the world are diversifying their reserves away from dollars towards gold. That means steady institutional demand too. For Indian investors, sovereign gold bonds (SGBs) have emerged as a favourite. With assured annual returns of 2.5% and capital gains tax benefits on maturity, SGBs seem like a steal compared to physical gold! So, in summary, multiple factors continue to make a strong case for gold. What's your gut telling you - is it time to add some shine to your portfolio? I know I am! #gold #investment #inflation #finance #risk #money #trading

Growing up in India, I've always observed that just about everyone owns gold. Whether it is 1 gram or even 1 kilogram, gold has always been intertwined with our culture. In 2024, the metal's value has been on a remarkable rise, increasing by 12% and outperforming many major asset classes. This means everyone has made over 12% just by holding gold - a passive investment. The other day at White Gold, we were analysing the historical price trends of gold and it's fascinating to see it go from ₹42 and reach an all-time high of ₹74,615. That’s a 177554.8% return over the years. No wonder, grandma always says buy gold! What brought about this surge? Consistent buying from central banks, strong investment flows from Asia, resilient consumer demand, and the backdrop of the ongoing geopolitical uncertainty. Will it go up further this year? Only time can tell but as you can see, gold has always risen consistently. What are your thoughts on the price trends of gold? Let me know in the comments below! #Gold #GoldValue #GoldMarket #Investment #Trends #India

Why gold prices is going up 🆙⤴️🔼 ➡️ Usually, gold and equity market returns have an inverse relationship - if equity delivers good positive returns, gold prices are muted. However, at present, the stock market and the gold price are at an all-time high. ➡️ Interest Rate Cut Expectation by the Fed. It is expected that the Federal Reserve will announce the first interest rate cut in June this year. Gold typically has an inverse relationship with interest rates. ☺️ When interest rates are low, people start investing in gold why because it will offer low risk returns. When interest rates are higher people tend to invest in bank deposits as they will offer higher interest rates. ➡️Gold demand in China has been on the rise in recent quarters. The Chinese central bank has been adding substantial quantity of gold to its reserves which is leading to the increase in the gold price in the US and also in India. Not only CHINA ,most of the central banks across the world is buying gold which is increasing demand for the gold there by prices is going up. ➡️ Especially for India , when rupee depreciates against dollar gold prices will go up in India why because gold is denominated in dollars. Recently , we have seen rupee got depreciated against dollar. ➡️ The Reserve Bank of India (RBI) bought 8.7 tonnes of gold in January, which was the highest in two years. The central bank’s gold holdings had touched 812 tonnes as of January-end, as per the World Gold Council. ➡️ As per the historical data , when gold prices moves even silver prices also go up. Soon we will witness increase in silver prices as well. #goldprices #gold #inflation #india #interestrates

#PreciousMetals Have you noticed the remarkable surge in gold and silver prices lately? Gold prices have soared by over 15% in the past 3 months, while silver has seen an impressive 16% increase in just 2 months! 📈💰 What's driving this surge, you ask? It's a combination of factors - Global central banks, particularly in India and China, aggressively accumulating gold reserves. 🏦💼 Plus, with escalating geopolitical tensions and economic uncertainties, investors are flocking to precious metals as safe-haven assets. ⚖️✨ Curious to know more about what's fueling this rally and how long it might continue? Check out our latest article. 📊🔍 Read the full article here: https://lnkd.in/dkjqt_7S #Wealthculture #Investing #Gold #Silver #EconomicTrends #GoldRush

#goldprice #goldetf #gold #goldbond #commoditymarket #war 💥💥Why are Gold Prices inching up? ✈️10g of 24k gold (99.9%) in Delhi, India is 78,240.00 Indian Rupee 5 Oct, 24. ✈️On 6 Oct 23, Gold was at 57,995 for 10 gram (1tola) Delhi. ✈️Gold futures, maturing on December 5, 2024, were priced at Rs 76,468 per 10 grams. ✈️Gold sparkles in times of war and celebrations. ✈️Gold is a safe-haven buying amid escalating tensions in the Middle East, and lower US bond yields, US Fed Rate cuts. ✈️Demand is driven by safe-haven buying, festive seasons, and wedding purchases. ✈️Increasing interest in gold ETFs in India and central bank buying further boost prices. ✈️Analysts predict continued upward momentum for gold. ✈️Unlike equities, which can fluctuate in value based on a company’s performance, or currencies, which may weaken due to inflation, gold tends to maintain its value. ✈️Historically, gold has been a reliable store of wealth, especially during crises. People tend to invest in it when they feel that other investments are too risky, such as during a stock market downturn or when inflation rises.

Gold Hits ₹83,000 for the First Time: What’s Driving It? Gold prices crossing ₹83,000 is a historic moment and a reflection of current global and domestic trends. Here’s what’s behind this surge :- 1. Global Uncertainty: Geopolitical tensions, inflation, and fears of a slowdown have pushed investors towards gold as a safe haven. 2. Weak Rupee: A weaker rupee against the dollar has further driven up gold prices in India. 3. Central Bank Buying: Central banks worldwide are stocking up on gold, adding fuel to the rally. 4. Strong Demand: Festivals, weddings, and investment traditions in India keep the demand robust. Why It Matters :- Investors: Gold remains a stable option in volatile times. Consumers: Higher prices might pinch, especially for jewelry buyers. Economy: Rising imports could strain the trade balance, requiring policy action. For us as finance students/professionals, this is a live example of how global events impact markets. What’s your take on gold’s rally? Let’s discuss! #GoldPrices #Finance #Investing