InProved Analytics’ Post

#gold premiums on the Shanghai Gold Exchange (SGE) have been traded sharply higher this week (5-day Moving average up 21.5%) closing at $35.5 per ounce above #LBMA benchmark yesterday (2024 average at $38.85) #china #preciousmetals #commodities #goldinvestments #gold #investment #buygold #goldbars #goldinvestment #goldseller #goldbar #goldbullion #sellgold #goldbuyer #goldcoins #preciousmetals #investingold

Slowdown in physical #gold trading volume on the #Shanghai Gold Exchange the last 3 days judging by the physical proxy contract Au9999, around 10 tonnes at the close today, while the 5-day moving average stands at 16.7t #preciousmetals #commodities #china #goldinvestments #gold #investment #buygold #goldbars #goldinvestment #goldseller #goldbar #goldbullion #sellgold #goldbuyer #goldcoins #preciousmetals

#Sovereign Gold bonds Shines #delivers annualized CAGR of 10.87% in its first 2015 Series ending Nov 23 Vs Nifty delivering 12.1% in same period, remember it has no capital gain tax and pays 2.5% annual interest... #Gold remains imp part of asset allocation...

*Sovereign Gold Bonds* is opening again on 18th Dec' 2023. SGBs are the best way to invest in Gold! https://lnkd.in/gAN5zqmC Dec 18, 2023 Indian indices Following gains from global peers, Indian equity indices closed higher in lacklustre trade on Tuesday, led by index heavyweight Reliance Industries, ITC and Nestle. The BSE benchmark Sensex surged 122 points or 0.17% to end at 71,437, while NSE Nifty50 rose 34 points or 0.16% to settle at 21,453. The market capitalisation of all listed companies on BSE surged by Rs 37,234 crore to Rs 359.14 lakh crore. The market breadth was skewed in favour of the bulls. About 1,907 stocks gained, 1,855 declined, and 142 remained unchanged on the BSE. Nifty FMCG surged 1.4%, led by gains in Nestle India and Varun Beverages. While Nifty Oil & Gas rose 0.8% after the government cut a windfall tax on petroleum crude and diesel. Auto and information technology lost 0.7% and 0.95%, respectively. SpiceJet shares closed 3% higher after the budget carrier expressed its interest in acquiring Go First. The company plans to submit its offer after carrying out due diligence on the bankrupt carrier. Global Markets European stocks rose in early trade on Tuesday and global shares were near their highest since April 2022 as traders bet on rate cuts next year. Europe's STOXX 600 was up 0.2% and London's FTSE 100 was up 0.1%. Asian shares were mixed on Tuesday after a seven-week winning streak as Wall Street cooled. Tokyo's Nikkei 225 index gained 1.4% after the Bank of Japan kept its ultra-lax monetary policy unchanged. The S&P/ASX 200 in Sydney added 0.8%, while South Korea's Kospi edged 0.1% higher. Commodity Oil steadied on Tuesday as investors considered the potential impact on oil supply from attacks by Yemen's Iran-aligned Houthi militants against ships in the Red Sea, which have disrupted maritime trade and forced companies to reroute vessels. Brent crude fell 12 cents to $77.83 a barrel. US West Texas Intermediate crude for January, which expires on Tuesday, was down 62 cents at $71.85 while the more active February contract lost only 3 cents. Currency The Indian rupee declined against the US dollar on Tuesday, weighed down by losses in its Asian peers as Federal Reserve policymakers tempered US rate cut expectations, while demand for the greenback from importers also hurt. The rupee closed at 83.18 versus the US dollar, down from 83.06 in the previous session. DAILY STOCK MARKET UPDATE - CONSISTS OF THE FOLLOWING   - Index tracker, Sector tracker, Debt Market tracker, World Market tracker, Commodity AND NEWS RELATED TO Market Close - Indian, Market close - Global, Currency, Commodities, IPO Do watch and subscribe to our channel for more up-to-date Market Updates with relevant news.

*Sovereign Gold Bonds* is opening again on 18th Dec' 2023. SGBs are the best way to invest in Gold! https://lnkd.in/gaHHcvsT Dec 18, 2023 Indian indices Following gains from global peers, Indian equity indices closed higher in lacklustre trade on Tuesday, led by index heavyweight Reliance Industries, ITC and Nestle. The BSE benchmark Sensex surged 122 points or 0.17% to end at 71,437, while NSE Nifty50 rose 34 points or 0.16% to settle at 21,453. The market capitalisation of all listed companies on BSE surged by Rs 37,234 crore to Rs 359.14 lakh crore. The market breadth was skewed in favour of the bulls. About 1,907 stocks gained, 1,855 declined, and 142 remained unchanged on the BSE. Nifty FMCG surged 1.4%, led by gains in Nestle India and Varun Beverages. While Nifty Oil & Gas rose 0.8% after the government cut a windfall tax on petroleum crude and diesel. Auto and information technology lost 0.7% and 0.95%, respectively. SpiceJet shares closed 3% higher after the budget carrier expressed its interest in acquiring Go First. The company plans to submit its offer after carrying out due diligence on the bankrupt carrier. Global Markets European stocks rose in early trade on Tuesday and global shares were near their highest since April 2022 as traders bet on rate cuts next year. Europe's STOXX 600 was up 0.2% and London's FTSE 100 was up 0.1%. Asian shares were mixed on Tuesday after a seven-week winning streak as Wall Street cooled. Tokyo's Nikkei 225 index gained 1.4% after the Bank of Japan kept its ultra-lax monetary policy unchanged. The S&P/ASX 200 in Sydney added 0.8%, while South Korea's Kospi edged 0.1% higher. Commodity Oil steadied on Tuesday as investors considered the potential impact on oil supply from attacks by Yemen's Iran-aligned Houthi militants against ships in the Red Sea, which have disrupted maritime trade and forced companies to reroute vessels. Brent crude fell 12 cents to $77.83 a barrel. US West Texas Intermediate crude for January, which expires on Tuesday, was down 62 cents at $71.85 while the more active February contract lost only 3 cents. Currency The Indian rupee declined against the US dollar on Tuesday, weighed down by losses in its Asian peers as Federal Reserve policymakers tempered US rate cut expectations, while demand for the greenback from importers also hurt. The rupee closed at 83.18 versus the US dollar, down from 83.06 in the previous session. DAILY STOCK MARKET UPDATE - CONSISTS OF THE FOLLOWING   - Index tracker, Sector tracker, Debt Market tracker, World Market tracker, Commodity AND NEWS RELATED TO Market Close - Indian, Market close - Global, Currency, Commodities, IPO Do watch and subscribe to our channel for more up-to-date Market Updates with relevant news.

Global Commodities | Gold Vs. Gold Miners - Steven Schlegel In the chart, I have lagged the gold price to 2-year moving average by 18-Months versus the smoothed-out gold yield. Like the CFTC chart, it is implying that gold prices will peak out over the next 5-Months at about 45% above its 2-Year M.A.. If we keep the same trajectory this would imply gold could peak out around $3100, before weakening. Read full story here: https://buff.ly/3MuWGuv For more information on our #GlobalCommodities product, and other Aletheia Capital research, please contact info@aletheia-capital.com #investments #advisory #ideas #fintech #InYourCorner

Gold price heads towards more historical highs. It's time to invest. #GlobalGoldMarket #GoldInvestment #BuyGold #GoldTrading #GoldBullion #PreciousMetals #GoldForSale #GoldDealer #GoldBars #GoldCoins #GoldMarket #GoldPrice #GoldInvestors #InvestInGold #GoldWealth #SafeHavenAsset #GoldJewelry #PreciousMetalsInvestment #GoldAndSilver #GoldAssets

It sounds like there's been quite a surge in gold #trading volumes in China, especially on the #Shanghai Gold Exchange (SGE). The increase in trading volumes for both Au(t+d) and the physical proxy #contract (au9999) indicates growing interest in gold as an #investment or hedge. The rising 5-day trailing #gold premiums also suggest increased #demand relative to LBMA prices. This could reflect various factors such as #economic uncertainty, #inflation concerns, or shifting investor sentiment towards safe-haven assets like gold.

Despite 3-day of correction for the physical contract Au9999 on the #Shanghai #Gold Exchange closing down 2.25% at 542 yuan per gram or $2,326 per ounce today, physical volume remains down 27% at 11.9 tonnes compare to last Friday. #commodities #preciousmetals #china #goldinvestments #gold #investment #buygold #goldbars #goldinvestment #goldseller #goldbar #goldbullion #sellgold #goldbuyer #goldcoins

📢📈 Exciting news for gold investors! 🪙💰 Gold prices are expected to temporarily stabilize over the next week or two, giving investors a chance to catch their breath. However, any dips in prices during this period should be seen as golden opportunities to position yourself for 2024 . 📈 #GoldInvesting #InvestSmart #PreciousMetals #FinancialMarkets