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Commodities or Gold: Which Offers Better Protection Against Inflation?

Commodities or Gold: Which Offers Better Protection Against Inflation?

Gold as an Inflation Hedge: A Closer Look Gold often wears the badge of being a reliable inflation hedge, and enthusiasts frequently point out its ability to maintain value over time. There’s a bit of folklore that suggests an ounce of gold could be roughly equated to the price of a quality men’s suit, which […]

Gold Price Outlook: XAU/USD nearing resistance at $3,340

Gold Price Outlook: XAU/USD nearing resistance at $3,340

Gold has gained momentum, marking its second consecutive day of rising prices. There’s a growing unease among investors regarding the outcomes of US-China discussions. XAU/USD might encounter resistance at $3,340 and $3,370. I guess it’s interesting to note that gold (XAU/USD) saw some moderate gains on Tuesday during the European trading session, inching toward resistance […]

Why Trump opposed the ‘gold standard’ mRNA vaccines

Why Trump opposed the 'gold standard' mRNA vaccines

The Trump administration has criticized delays affecting the development of messenger RNA (mRNA) vaccines, which had shown significant promise during the Covid-19 pandemic but are now facing increased skepticism from some in the scientific community. Vaccines represent major advancements in medical technology, dramatically shortening the timelines for targeted vaccine development. When Trump introduced the first […]

Gold prices in India: Rates on June 10

Gold prices in India: Rates on June 10

Gold prices decreased in India on Tuesday, as detailed by FXStreet. The price was reported at INR 9,087.40 per gram, down from INR 9,149.26 the previous day. Additionally, the price for TOLA fell from 106,715.20 to 105,993.00 INR in just a day. Unit Measure INR Gold Prices 1 gram 9,087.40 10 grams 90,875.47 TOLA 105,993.00 […]

Gold prices in India: Rates for June 9

Gold prices in India: Rates for June 9

Gold Prices in India on Monday On Monday, gold prices in India held steady, based on data compiled by FXStreet. The rate was INR 9,122.12 per gram, showing little change from INR 9,119.14 on Friday. Similarly, gold prices were nearly unchanged at INR 106,398.60 per Tola on Friday, with minor variations noted throughout the week. […]

Gold prices face challenges in maintaining gains following positive job report

Gold prices face challenges in maintaining gains following positive job report

Recent US Non-Farm Payroll (NFP) data has eased expectations regarding a potential reduction in Federal Reserve interest rates, subsequently limiting gold’s price strength. The NFP report highlighted robust job growth, which, while supporting the US dollar, has implications for gold prices. Despite a strong dollar, gold prices remain above $3,350. On Friday, gold (XAU/USD) stabilized […]