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August 2023 - Monthly Gold Outlook By Chirag Mehta & Ghazal Jain, Quantum AMC Gold Outlook for June 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- Alternative Investment, Quantum AMC   Gold started July on a subdued note, trading near $1900 per ounce levels with the backdrop of the Fed’s hawkish hold in June. Prices gradually moved up during the month as investors stuck to bets of one final interest rate hike in July. The probability that the Fed will raise its benchmark rate by 25 basis points to a range of 5.25%-5.50% in July was above 90...
August 2023 - Monthly Gold Outlook By Chirag Mehta & Ghazal Jain, Quantum AMC
August 2023 - Monthly Gold Outlook By Chirag Mehta & Ghazal Jain, Quantum AMC
Source: Quantum AMC
2/08/2023 1:39:22 PM
Comment on US FED : Gold prices to largely remain range bound By Ghazal Jain, Quantum AMC Below the Comment on US FED announcement by Ghazal Jain, Fund Manager, Quantum AMC Comment : The American central bank raised interest rates to a 22-year high yesterday. But despite this seemingly hawkish move, gold markets are looking firm given that a) this move was largely priced in and b) this meeting is being perceived as slightly less hawkish than the one in June where Chairman Powell alluded to 2 more rate hikes in 2023. This is evident from interest rate futures which post ...
Comment on US FED : Gold prices to largely remain range bound By Ghazal Jain, Quantum AMC
Comment on US FED : Gold prices to largely remain range bound By Ghazal Jain, Quantum AMC
Source: PR Agency
27/07/2023 2:36:36 PM
Monthly Gold Outlook For July-2023 By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC Below Gold Outlook For July-2023 By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC   Gold Outlook: July 2023 UPDATE With a US default averted for the time being, financial markets started June with optimism only to be rudely shocked by hawkish central bank surprises. The Reserve Bank of Australia and the Bank of Canada restarted hiking rates after pausing briefly. Bank of England turned aggressive again and increased its benchmark rate by 50 basis points after...
Monthly Gold Outlook For July-2023 By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC
Monthly Gold Outlook For July-2023 By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC
Source: Quantum AMC
5/07/2023 4:23:35 PM
Comment on US FED policy : International gold prices corrected post the Federal Reserve`s policy announcement on 14th June by Ghazal Jain, Quantum AMC Below the Comment on US FED policy by Ghazal Jain, Fund Manager, Quantum AMC   Comment International gold prices corrected post the Federal Reserve’s policy announcement on 14th June. As expected, the central bank left the benchmark federal funds rate in a target range of 5% to 5.25%. But before markets could rejoice this apparent dovish move, they were rudely shocked by the FOMC’s updated 2023 economic forecasts which put another 50 basis po...
Comment on US FED policy : International gold prices corrected post the Federal Reserve`s policy announcement on 14th June by Ghazal Jain, Quantum AMC
Comment on US FED policy : International gold prices corrected post the Federal Reserve`s policy announcement on 14th June by Ghazal Jain, Quantum AMC
Source: Quantum AMC
15/06/2023 4:46:26 PM
'Attractiveness of gold depends on US Fed's moves'  The weakness in the US dollar and the likelihood of the US Federal Reserve hitting the pause button on interest rate hike made gold attractive, said an analyst. "Markets now see a 77.2 per cent chance of rates remaining unchanged in the June meeting (of US Federal Reserve). Meanwhile, dollar index and bond yields retreated from their recent peak, dollar index was down by 0.73 per cent and settled at 103.56 level in the previous session. Weakness in US dollar and expectation of a...
'Attractiveness of gold depends on US Fed's moves'
'Attractiveness of gold depends on US Fed's moves'
Source: IANS
3/06/2023 9:39:17 AM
June-2023 : Gold Outlook By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC Gold Outlook for June 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- Alternative Investment, Quantum AMC   Gold prices started May on a high with the background of pain in the US banking sector leading to global risk aversion. Also supporting prices was the Fed policyat the start of the month where the Fed chair hinted at flexibility and a meeting-by-meeting approach which was considered dovish by markets. Markets were pricing in a 90% chance of a pause in rate hikes in...
June-2023 : Gold Outlook By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC
June-2023 : Gold Outlook By Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC
Source: Quantum AMC
2/06/2023 11:21:26 AM
May 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for May 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC April Recap Gold, barring some rangebound movement, held its ground for most of April as markets seemed to havepriced in the Federal Reserve’s “final” rate hike in this tightening cycle to come in on May 3rd. In the background, the US economy continued to witness mixed macros. Headline inflation in the US cooled to 5% in March from 6% in the previous month. This reading wa...
May 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
May 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
8/05/2023 4:15:21 PM
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC Below is Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Associate Fund  Manager – Alternative Investments, Quantum AMC On auspicious days like Akshaya Tritiya, we Indians always turn to gold. The precious metal’s imperishable and timeless qualities make it an ideal pick on such days that mark prosperity and wealth in Indian culture.If someone bought gold last Akshaya Tritiya, which was an opportune time, gold has given returns upwards of 15% since t...
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC
Source: Quantum AMC
19/04/2023 5:58:20 PM
April 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for April - 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC March saw the Fed pivot narrative come back in a big way as a regional banking crisis in the United States made the economic impact of higher interest rates apparent. We had highlighted the possibility of such events in our October 2022 Gold outlook. Amid concerns of the crisis spilling over to other parts of the economy, investors rushed to the relative safety of gold, pushing the metal’s...
April 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
April 2023 : Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
4/04/2023 5:02:10 PM
March 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for March - 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC After a close to 6% jump in January, spurred by market optimism about US inflation slowing down and the Federal Reserve turning dovish, gold gave up ~5% in February ending the month close to $1810 per ounce levels, with hawkish repricing of US monetary policy to blame. Correction in domestic gold prices was limited to ~3% in the month aided by a depreciating rupee. The US economy added 5,00,0...
March 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
March 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
2/03/2023 5:03:49 PM
February 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for February - 2023 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC Gold started the new year on a cheery note, up ~6% in January in dollar terms and ~4% in rupee terms. Underpinning the rally was annual inflation in the US slowing for a sixth straight month to 6.5% in December, raising hopes of smaller rate hikes from the Federal Reserve in Q1’23 and rate cuts later in the year. The yellow metal benefitted from a softer USD environment and lower US Tre...
February 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
February 2023: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
3/02/2023 5:24:33 PM
Post Budget Analysis : Domestic gold prices moved up by about 1% post the Budget 2023-24 announcement Says Ghazal Jain, Quantum AMC Below is Post Budget Commentary Ghazal Jain, Fund Manager, Alternative Investments , Quantum AMC Domestic gold prices moved up by about 1% post the Budget 2023-24 announcement. Finance Minister Nirmala Sitharaman maintained the status quo and did not reduce the custom duty on Gold as was widely anticipated. In response, domestic gold prices which were trading at close to 2% discount saw some of the discounts unwind.   Above views are of the author and not of the website kin...
Post Budget Analysis : Domestic gold prices moved up by about 1% post the Budget 2023-24 announcement Says Ghazal Jain, Quantum AMC
Post Budget Analysis : Domestic gold prices moved up by about 1% post the Budget 2023-24 announcement Says Ghazal Jain, Quantum AMC
Source: Quantum AMC
1/02/2023 3:35:52 PM
Gold shines brighter on Friday as prices rise Gold on Thursday got more sheen with the price of the 24 karat yellow metal touching Rs 56,290/10 grams. According to Quantum AMC's Fund Manager- Alternative Investments Ghazal Jain, gold prices are on uptrend since November 2022 amid moderating US CPI numbers and nticipation of a less aggressive Federal Reserve. The US dollar as well as US yields have begun to cool off, which has been supporting gold. Other secondary factors weighing on prices have been robust gold buying by global...
Gold shines brighter on Friday as prices rise
Gold shines brighter on Friday as prices rise
Source: IANS
14/01/2023 10:13:41 AM
International gold prices have been on an uptrend since November By Ghazal Jain, Quantum AMC Below is Comment on Gold Price hike today by Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC What are the factors driving prices of gold? International gold prices have been on an uptrend since November amid moderating US CPI numbers and anticipation of a less aggressive Federal Reserve. The US dollar as well as US yields have  begun to cool off which have been supporting gold. Other secondary factors weighing on prices have been robust gold buying by global central ...
International gold prices have been on an uptrend since November By Ghazal Jain, Quantum AMC
International gold prices have been on an uptrend since November By Ghazal Jain, Quantum AMC
Source: Quantum AMC
13/01/2023 5:31:25 PM
YEARENDER: `In 2022 Gold had more ups and downs than a roller-coaster ride` A roller-coaster ride may have less ups and downs than what the gold market has in 2022 is what industry experts say looking back at the year that is set to end soon. "A roller-coaster ride has less ups and downs than what the bullions market had in the year of 2022. Both the metals, gold and silver, kept the market participants on edge," Navneet Damani, Sr. VP, Currency & Commodity, Motilal Oswal Financial Services, said. According to Damani, the Comex Gold has made a hig...
YEARENDER: `In 2022 Gold had more ups and downs than a roller-coaster ride`
YEARENDER: `In 2022 Gold had more ups and downs than a roller-coaster ride`
Source: IANS
27/12/2022 4:20:47 PM
December 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for December - 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC International gold prices jumped 7% last month to close at $1,753, the highest monthly increase in the last 18 months. The sharp up-move was underpinned by the lower-than-expected US inflation print for October and a higher unemployment rate, which may lead to a less aggressive monetary policy by the Federal Reserve. The Federal Reserve has been wary of the tight jobs market and the red-ho...
December 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
December 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
2/12/2022 4:41:56 PM
November 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for November - 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager, Quantum AMC Even as international gold prices moved between $1,620 and $1,720 per ounce in October, gold bears outpaced gold bulls, bringing prices down by 2%, and ending the month close to $1,638 per ounce. This rangebound movement was a result of markets digesting elevated inflation prints and pricing in outsized interest rate hikes in developed economies, despite the macroeconomic and geopolitical out...
November 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
November 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
4/11/2022 2:34:23 PM
Diwali Gold Outlook : By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for Diwali Gold Outlook by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- Alternative Investment, Quantum AMC Before we enter Samvat 2079 and make a fresh start, let us look at whether gold has added that glitter to your portfolio in Samvat 2078. Prices underwent significant volatility with a peak to trough ratio of about 1.2. In March, prices took off to near record highs on the back of geopolitical tensions between Russia and Ukraine. However, they swiftly cooled off as ...
Diwali Gold Outlook : By Chirag Mehta and Ghazal Jain, Quantum AMC
Diwali Gold Outlook : By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
17/10/2022 1:55:12 PM
October 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for October 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- Alternative Investment, Quantum AMC International gold prices endedSeptember3% lower amid a fresh round of global interest rate hikes. The central banks of the Euro Area and the United States increased their rates by 75 basis points and their counterparts in England and India by 50 basis points.With inflation continuing to be between 7 and 10% in these economies, policymakers, and especially the Federal Res...
October 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
October 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
4/10/2022 4:56:16 PM
September 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC Gold Outlook for September 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- Alternative Investment, Quantum AMC Gold was on a strong uptrend after hitting an 11-month low in July, rising by more than $120 to a high of $1,808 in mid-August buoyed by the seemingly less hawkish comments at the July FOMC meeting. However, the prices trended lower thereafter, after the Fed’s extremely hawkish view on the monetary policyat the annual Jackson Hole symposium where the Fed chair gav...
September 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
September 2022: Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
6/09/2022 12:55:58 PM
Monthly Gold Outlook for August 2022 By Chirag Mehta & Ghazal Jain, Quantum AMC Below is the Gold Outlook - August 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC. The second half of 2022 got off to a not-so-great start. Volatility continued in asset markets as investors reacted to mixed economic data and attempted to guess the trajectory of inflation, growth, and the Fed’s policy. International gold prices fell below $1,800 an ounce to mid-$1,700 levels in the first two weeks of the month as a stronger do...
Monthly Gold Outlook for August 2022 By Chirag Mehta & Ghazal Jain, Quantum AMC
Monthly Gold Outlook for August 2022 By Chirag Mehta & Ghazal Jain, Quantum AMC
Source: Quantum AMC
5/08/2022 9:07:29 AM
July 2022 : Monthly Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC June was quite volatile with the push and pull of macroeconomic factors driving the prices of all asset classes.International gold prices fell by -1.6% m/m to close at $1,807but held above $1,800 throughout the month on the back of macro economic and geopolitical uncertainty. The prices touched a high of $1,879 in the middle of the month after a knee-jerk reaction to the unexpectedly high USCPI numbers that touched 8.6% y/y in May.This was the third consecutive month where the inflation was m...
July 2022 : Monthly Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
July 2022 : Monthly Gold Outlook By Chirag Mehta and Ghazal Jain, Quantum AMC
Source: Quantum AMC
5/07/2022 4:32:35 PM
Gold Outlook – June 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC Below is the Gold Outlook - June 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC. International gold prices closed at $1,837 in May,3%lower compared to Aprilas the geopolitical premium from the Russia-Ukraine war continued to wane and the Federal Reserve’s monetary tightening gatheredpace. Domestic prices were down 2%, closing the month at Rs 50,847 levels. The U.S Central bank - Federal Reservehiked the benchmark interest rate b...
Gold Outlook – June 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Gold Outlook – June 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Source: Quantum AMC
3/06/2022 12:22:47 PM
Gold Outlook – May 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC Below is the Gold Outlook - May 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC. A cocktail of geo-economic and geopolitical factors kept international gold prices volatile, as they moved in a wide range between $1890 and $1990 per ounce in April. Prices ended the month 0.45% down close to $1915 per ounce as the May 3-4 Fed meeting and a 50-bps interest rate hike, the largest in two decades, came closer. The rupee depreciated by 0.81%, pu...
Gold Outlook – May 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Gold Outlook – May 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Source: Quantum AMC
5/05/2022 5:37:21 PM
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC Below is Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Associate Fund  Manager – Alternative Investments, Quantum AMC Akshaya Tritiya 2022 is here. Given the current volatility in gold prices, investors are contemplating if they should just do a token purchase this year or add a good chunk of gold on the day. While traditions should be upheld, the price outlook should also be kept in mind while making your gold investments.  Central banks face di...
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC
Gold Investment on the occasion of Akshay Tritiya By Ghazal Jain, Quantum AMC
Source: Quantum AMC
27/04/2022 4:08:58 PM
Gold Outlook – April 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC Below is the Gold Outlook - April 2022 by Chirag Mehta, CIO & Ghazal Jain, Fund Manager- alternative Investment, Quantum AMC Buoyed by the uncertainty, risk aversion, and inflation push of the Russia-Ukraine war, gold rallied to $2,050 levels in early March, before cooling down to $1,925 levels by the end of the month thanks to a very hawkish Fed. Higher oil prices and a sharp hawkish repricing of Fed rate hike expectations led to foreign money outflows and depreciated the USD INR...
Gold Outlook – April 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Gold Outlook – April 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
Source: Quantum AMC
6/04/2022 2:13:25 PM
Personal Finance learnings from the Pandemic By Ghazal Jain, Quantum Mutual Fund Below are Views On Personal Finance learnings from the Pandemic: By Ghazal Jain, Associate Fund Manager, Quantum Mutual Fund “We can sum up the Pandemic in one word; unprecedented - in terms of disruption in our lives and finances. This has forced us to rethink and improvise the way we manage our finances, “shared Ghazal Jain, Associate Fund Manager, Alternative Investments, Quantum Mutual Fund in a webinar held on Aug 31, 2021 on Personal Finance learnings from the Pandem...
Personal Finance learnings from the Pandemic By Ghazal Jain, Quantum Mutual Fund
Personal Finance learnings from the Pandemic By Ghazal Jain, Quantum Mutual Fund
Source: Quantum Mutual Fund
1/09/2021 1:59:25 PM