Invest Gold With Ashok

Invest Gold With Ashok

By Ashok ThangamBusinessInvesting
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Invest Gold With Ashok episodes

  • தங்கம் விலை மேலும் அதிகரிக்குமா? வெள்ளியில் இப்போது முதலீடு செய்யலாமா?
    உலக பொருளாதார நிலை தங்கத்திற்கு சாதகமாக அமைனித்துள்ளது. மேலும் அதிகரிக்கவும் வாய்ப்புள்ளது, இன்னும் சில மாதத்திற்கு தங்கம் விலை ஏற்றமுடையதாக இருக்கும் என எதிர்பார்கிறேன்.
    7 min
  • Will gold drop further ?

    Gold surprised the markets on Friday as traders bought the dip and prices climbed above $1,570 an ounce level. At the time of writing, April Comex gold futures were trading at $1,571.50, up 0.10% on the day, but down 1% on the week.

    The big news this week, aside from the coronavirus updates, was the U.S. employment report, which surprised on the upside with 225,000 new jobs created in January. The unemployment rate ticked up to 3.6% on an increased participation rate.

    5 min
  • Coronavirus fears and gold price

    Have the coronavirus fears peaked this week? Analysts are warning that all additional gains gold made on those fears will dissipate, but gold will rise on a different driver altogether.

    Gold looks strong above the $1,570 an ounce level amid fluctuating stock market and a robust U.S. dollar. The $1,550 is the new floor in gold that is holding well, said Blue Line Futures chief market strategist Phillip Streible.

    “We are close to breaking out. I think we are going to match those old highs at $1,620,” Streible told Kitco News on Friday.

    At the time of writing, February Comex gold futures were trading at $1,584.40, up 0.80% on the week.

    4 min
  • Will gold price reach $1700 / தங்கத்தின் விலை சவரனுக்கு 2800 ரூபாய் அதிகரிக்குமா
    Guest(s): Patrick Ceresna Founder & Chief Derivative Market Strategist, Big Picture Trading
    Gold prices are on track for another rally into the $1,700 an ounce price range on the back of frothy equity markets, this according to Patrick Ceresa, founder and chief market derivatvies strategist at Big Picture Trading.
    "I feel that generally, the bull trend for gold is intact as long as gold can hold above $1,500 during this consolidation that we're in. If that's the case, then this is actually a compelling buy on dip on gold for a move towards $1,700," Ceresna told Kitco News on the sidelines of the Vancouver Resource Investment Conference.
    On equities, Ceresna said the S&P 500 is due for a 200 to 300 point drop this quarter
    3 min
  • How gold price is determined /தங்கத்தின் விலை எப்படி நிர்ணயம் செய்ய படுகிறது.
    How are Gold Rates Determined?
    Determining the value of gold is not as straightforward as pricing assets. Gold is dealt with by the four types of firms in the industry. They are exploration or development, mining, consumers and recyclers. The 3 categories of consumers are industrial, jewellery producers and investors.
    Gold prices are fixed on a daily basis. It is an agreement between the participants on the same side in the market to buy and sell gold at a fixed price or to maintain the market conditions to make the price stay at a certain level by controlling the supply and demand. Gold Fixing is done at London Bullion Market Association. The prices are set daily at 10:30 am GMT and 3pm GMT in US dollars.
    Types of prices
    There are 2 types of prices, spot price and futures price.
    Spot price
    This is the current market price at which gold was bought or sold for immediate payment and delivery.
    Futures price
    This is the price at which the participants in a futures contract agree to transact on the date of settlement.
    10 min
  • 9.How gold price is determined / தங்கத்தின் விலை எவ்வாறு தீர்மானிக்கப்படுகிறது
    • Supply – Gold, in its natural form has become a scarce commodity, with just a few nations having generous reserves. As such the supply of new gold is not constant, changing from time to time, which means we have to manage with the current quantity out there in the market. Prices can change sharply if the demand and supply equation changes and are always an important factor when it comes to determining rates in India.
    • Import rates – Natural gold reserves in India are dwindling and the country’s gold production is down to a trickle compared to the past. As such most of the gold used in India is imported, making import duties an important factor in determining gold prices in the country. A high import rate is bound to increase rates and vice versa.
    • US Dollar – Gold rates are heavily dependent on how the US dollar performs, with prices inversely proportional to dollar rates. This relationship arises from the fact that gold is an internationally traded commodity and the US dollar is the preferred international currency. Any changes within the United States are bound to have an effect on gold prices, either directly or indirectly. The fact that a majority of gold purchased in India is imported means that prices in India are also impacted by international markets.
    • International Relations– – International relations between nations can influence gold prices, as tensions between global powers can push up rates. For example, if the US has cold relations with a major gold producer, gold prices could be impacted due to lack of supply. Easing of sanctions and overall global relations play a significant role in determining gold rates, primarily because gold is considered as a safeguard against geopolitical instabilities.
      • 10 min
    • Will gold price decrease in upcoming days.
      https://linktr.ee/AshokThangam #gold crossed 38% reattachment level $1548 .
      Next support will be $1535 (50% retracement level)
      Bounce back from that level or even below will reach $1548 and $1600 subsequently .
      The next push to $1600 could be more stable than before. Buy #gold on correction dips 👍
      Below $1520 could be the key zone
      4 min
    • Gold target of about $1650 in upcoming months.
      Gold rate targeted to $1650 ,which is $100 more from current price . That will leads to gold price in india become ₹4000 to ₹4200 per gram. Which ultimately reduce demand in the market . If you're a short-term investor ,this is the right time to invest in gold and get benefits from rate hikes.
      4 min

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