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Gold prices down 22%; is it time to revisit your gold allocation?


Gold prices down 22%; is it time to revisit your gold allocation?
Industry experts believe the weakening of gold prices may be short-lived. A weakening dollar, growing inflationary pressure, debt accumulation and monetary expansion are all drivers for positive gold price
Gold prices in India have fallen relatively more
Gold prices have fallen to almost 11-month low to Rs 44,600 per 10 gramme. From the highs of Rs 57,000 per 10 gramme in August last year, the yellow metal price has come down by 22 per cent or Rs 12,400 per 10 gramme. Gold prices have eased due to an improving global economic outlook. US and global bond yields have continued to rise. Better than expected jobs data led the benchmark US 10-year bond yield to soar as high as 1.62 per cent last week, the highest in 12 months. ....

Madhavi Mehta , Chintan Haria , Chirag Mehta , Quantum Mutual Fund , Commodity Research Analyst , Product Development Strategy , International Gold , Fund Manager Alternative Investments , Quantum Mutual , மாதவி மேத்தா , சிந்தன் ஹரியா , சிராக் மேத்தா , குவாண்டம் பரஸ்பர நிதி , பண்டம் ஆராய்ச்சி ஆய்வாளர் , ப்ராடக்ட் வளர்ச்சி மூலோபாயம் , சர்வதேச தங்கம் , நிதி மேலாளர் மாற்று முதலீடுகள் , குவாண்டம் பரஸ்பர ,