logo
Bullion Breakout? Analysts weigh in on gold investment strategy ahead

Bullion Breakout? Analysts weigh in on gold investment strategy ahead

Economic Times23-04-2025

While the Great Equity Run may have helped investors discover a quicker way to creating wealth than savings, the bond endures. We bring an investor's perspective on what you could do ahead.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
The yellow metal's surge never seems to deter its fans. It only adds to the allure. While the Great Equity Run may have helped investors discover a quicker way to creating wealth than savings, the bond endures. We bring an investor's perspective on what you could do ahead.Chief Investment Officer, Quantum Asset ManagementWe have seen a big run-up in prices, but this has been structural not speculative. That said, no asset moves up in a straight line. Investors should increase their gold allocation over the next 6-12 months. Those who have already allocated enough to gold should stay put.Deputy VP-Research, Non-Agri Commodities and Currencies, Angel OneGold is at such a high price now that it is in unchartered territory. So there is a big possibility of a price correction of at least 10% from the current levels. When that will happen, that's hard to say. Gold prices in the past few sessions have seen a gap-up. Many investors lost the opportunity to buy between Rs 85,000–Rs 1 lakh. Prices went up by nearly 30% between January and April, and might gain another Rs 5,000 from here, but a correction is due. If you have a time horizon of five years, then stagger your buyingDirector - Commodity, Currency and GIFT City, Anand RathiIt's very difficult to predict how much more gold will move up from these levels. However, the bullish trend still continues. If the Tariff war intensifies between the US and China—which is the likelihood—then that is good news for gold prices. There could be some profit booking at these levels— especially from speculative counters—so that might pull price down. But overall, the trend is bullish. You should stagger your investments in gold. Do not see gold from a return perspective. Look at it more as a portfolio diversifier. In times of adversity, gold allocation cushions your portfolioCEO, Investment and Strategy, Kotak Alternate Asset ManagersGold prices have run up too fast, too soon. There could be a small pause and correction at these levels. However, there is merit in doing investments if you are under-diversified in gold. Buying the dips is a more appropriate strategy. Will we see a lot of profit booking now? Only from speculative counters who had bought it for trading. If you have a long-term horizon, it doesn't make sense to sell your gold now. But I will still caution people from investing in gold just on the basis of past return

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

$810,513 Pool For Wednesday's Derby City 6
$810,513 Pool For Wednesday's Derby City 6

Yahoo

time6 minutes ago

  • Yahoo

$810,513 Pool For Wednesday's Derby City 6

$810,513 Pool For Wednesday's Derby City 6 originally appeared on Paulick Report. Churchill Downs rolls into the penultimate week of its Spring Meet with the final Downs After Dark celebration set for Saturday evening, featuring the colorful theme: 'A Caribbean Night at the Races.' The 11-race program begins at 6 p.m. (all times Eastern) and is headlined by the $300,000 Grade 2 Chicago Stakes, scheduled as Race 9 at 10:11 p.m. Off the track, guests can enjoy a variety of Caribbean-inspired entertainment, including dance lessons with Cari'Fete Afro-Caribbean Dance Movement, palm readings under the Twin Spires, an airbrush station by Bluegrass Airbrush, and a beachside limbo contest. The night will close with a sunset send-off featuring fire dancers and stilt walkers. Advertisement Live music kicks off at 5 p.m. with Ben Bernhard, followed by DJ Brandon Lee spinning coastal country vibes beginning at 8 p.m. Guests are encouraged to wear bright colors, breezy fabrics, and bold accessories. Tickets are available at The week of racing began Wednesday with a nine-race card that started at 12:45 p.m. The 20-cent Derby City 6 Jackpot has risen to a massive $810,513 for the sequence beginning in Race 4. Wednesday's sequence: (with field size as of 10 a.m.) Race 4 (2:13 p.m.): Mcl 40000, 2yo f, 5 ½ F (nine runners) Race 5 (2:45 p.m.): Msw, f&m, 1 1/16 M (T) (10 runners) Race 6 (3:18 p.m.): Clm 20000n2L, 3&up, 6 F (nine runners) Race 7 (3:50 p.m.): Alw 20000s, f&m, 6 F (seven runners) Race 8 (4:22 p.m.): OC 100000n3x, f&m, 1 M (T) (six runners) Race 9 (4:55 p.m.): Mcl 30000, 3&up, 5 ½ F (10 runners) The Derby City 6 Jackpot tests bettors to correctly select all six winners, and if they have the only winning combination, they will take down the entire jackpot. If there are multiple winning combinations, 90 percent of the day's pool is paid out with the other 10 percent going to the carryover. If there are no correct combinations, the entire day's pool will be added to the jackpot. Thursday's Twilight Thursday card begins at 5 p.m. and includes $2 domestic beer, live music from Sweet Lady, and food trucks Bamba Eggrolls, Drakes, Romiro's Mexican and Spinelli's Pizza. The night doubles as Teacher Appreciation Night with discounted tickets for Millionaires' Row available for all teachers by calling (502) 636-4450. The racing program opens with the first of two five-furlong turf maiden special weights for 2-year-old fillies, with the second in Race 5. The evening concludes with a first-level turf allowance for fillies and mares, highlighted by the return of Jessamine Stakes (GII) third-place finisher Destino d'Oro in her 3-year-old debut. Friday and Sunday's programs begin at 12:45 p.m. Friday's nine-race card includes a maiden special weight for 2-year-olds on turf in Race 2, a first-level turf allowance in Race 6 and an over-subscribed field of 16 entered in an allowance optional claimer on turf in Race 8. The field includes stakes-placed 4-year-old Green Light and seven-time winner Johny's Fireball. Sunday's card features a one-mile allowance optional claiming race in Race 6 that includes Eight Belles (GII) runner-up Impel and a first-level allowance in Race 8 led by Santa Ynez runner-up Artisma. Advertisement Horseplayers can take advantage of several promotions on including triple rewards points on all wagers (excluding show bets) Wednesday through Friday. On Sunday, players can compete for a share of 2 million TwinSpires points in the Late Pick 5 Hit It and Split It promotion. Promotions are available to those who opt in. More information is available at This story was originally reported by Paulick Report on Jun 18, 2025, where it first appeared.

Police identify man and woman in Santa Rosa murder-suicide
Police identify man and woman in Santa Rosa murder-suicide

San Francisco Chronicle​

time6 minutes ago

  • San Francisco Chronicle​

Police identify man and woman in Santa Rosa murder-suicide

Sonoma County officials have identified two people found dead in a Santa Rosa apartment last week after a domestic violence incident, police said. Emily Hemming, 24, is believed to have been shot multiple times with an assault rifle by Vicente Carrillo-Cedillo, 24, before he shot himself, the Santa Rosa Police Department said Wednesday. The two were identified by the Sonoma County coroner. Investigators believe that Hemming and Carrillo-Cedillo were dating and living together in the apartment after moving to Santa Rosa from Southern California in 2022. The couple had no children, authorities said. Police said neither Hemming nor Carrillo-Cedillo had any reports related to domestic violence in Santa Rosa or in Southern California. Officers arrived at an apartment unit where Hemming and Carrillo-Cedillo lived, in a fourplex on Atlanta Court, around 2:40 p.m. on June 11 after a report about possible domestic violence from a caller, who was not at the home but had received information about the incident, police said. Police said they were unable to make contact with anyone inside, though neighbors said they heard what appeared to be gunshots about 20 minutes before officers arrived. Around 4:30 p.m., SWAT officers entered the apartment and found two people, later identified as Hemming and Carrillo-Cedillo, in a back bedroom with gunshot wounds. They were pronounced dead at the scene, police said. Investigators found four guns in the apartment, two pistols, an assault rifle and a shotgun, that were owned by Carrillo-Cedillo, police said. The incident marked the eighth homicide in Santa Rosa in 2025, and the second murder-suicide incident of the year. Police advised anyone experiencing domestic violence or concerned about a loved one experiencing domestic violence to reach out for help, including from the Family Justice Center of Sonoma County at 707-565-8255 or the YWCA Sonoma County, which has a confidential crisis hotline available any time of day at 707-546-1234.

Exclusive-Japan plans to cut super-long bond sales by 10% to ease market concerns, draft shows
Exclusive-Japan plans to cut super-long bond sales by 10% to ease market concerns, draft shows

Yahoo

time6 minutes ago

  • Yahoo

Exclusive-Japan plans to cut super-long bond sales by 10% to ease market concerns, draft shows

By Takaya Yamaguchi TOKYO (Reuters) -Japan's government plans to cut sales of super-long bonds by about 10% from the original plan in a rare revision to its bond programme for the current fiscal year, trimming overall bond issuance as a result, a draft document seen by Reuters showed. The move aims to soothe market concerns over supply-demand imbalances, after weak demand at recent auctions and a surge in super-long yields to record high levels last month rattled the bond market. The step also follows the Bank of Japan's decision this week to decelerate the pace of bond purchases reductions from next fiscal year, signalling its preference to move cautiously in removing remnants of its massive, decade-long stimulus. The revised issuance plan will be presented to primary dealers for discussion at a meeting on Friday. Additionally, there are also ideas of buying back some previously issued super-long JGBs with low interest rates to improve the supply-demand balance. The planned reduction in 20-, 30- and 40-year super-long bond sales would be partly offset by increased issuance of shorter-term notes, as well as bonds specifically designed for households. As a result, the total Japanese government bond (JGB) scheduled sales for the year through next March are set to fall by 500 billion yen ($3.44 billion) to 171.8 trillion yen, according to the draft of the revised bond programme. Issuing a larger amount of shorter-term bonds, however, would require a careful balancing act as the government would need to roll over debt more frequently and make its finances more vulnerable to bond market swings. Specifically, the revised plan calls for reducing 20-year JGB sales by 900 billion yen to 11.1 trillion yen, 30-year JGBs by 900 billion yen to 8.7 trillion yen and 40-year JGBs by 500 billion yen to 2.5 trillion yen. This means starting next month, sales of each of these tenors will be cut by 100 billion yen at every auction. Instead, the government will boost sales of two-year debt, one-year and six-month treasury discount bills by 600 billion yen each. At every auction starting October, sales of two-year debt will be raised by 100 billion yen to 2.7 trillion yen. The government will also increase issuance of principal-guaranteed JGBs for households by 500 billion yen. The original plan had called for cuts in 30- and 40-year bond sales to reflect shrinking demand from life insurers who mostly completed purchases of longer-dated bonds to comply with new solvency regulations. But as the worsening finances of advanced economies drew more market scrutiny, super-long JGBs became a target of a global bond selloff last month. ($1 = 145.1500 yen) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store