Indian investors hold a very invaluable and unique position as they ride the current bull market cycle for gold as an asset. The key financial instrument that investors are preferring is the Gold ETF. With Sovereign Gold Bonds somewhat out of the market, Gold ETFs are what investors are focusing on for their gold investments. …
The Securities and Exchange Board of India (SEBI) has issued a master circular consolidating all guidelines related to trading gold on the Gold Exchange, also known as electronic gold receipts (EGRs). This comprehensive document includes rules on risk management and procedures for vault managers and depositories, providing stakeholders with a single reference point for all …
It’s been over 16 years since the global financial crisis of 2008 turned the world of finance upside down. The collapse of Lehman Brothers and the ensuing panic led to a massive sell-off in stock markets worldwide, while gold prices surged as investors sought safe havens. In this article, we’ll dive into how investments in …
Gold has emerged as the star performer in 2024, defying expectations and delivering substantial returns for investors. Price Surge Year-to-date, the price of spot gold has soared by 16%, reaching $2,391 per ounce, up from $2,062 at the start of the year. Domestic prices mirrored the trend, climbing from ₹63,225 per 10 grams to ₹72,958. …
OPEC+ Decision to Boost Supply Oil prices have fallen to their lowest levels in about four months following OPEC+’s announcement to unwind its production cuts. The decision, set to take effect as early as October, has intensified the oil market’s bearish sentiment. This move comes amid ongoing concerns about demand and increasing supplies from outside …
Oil prices have marked their second consecutive weekly gain, a notable recovery not seen since early April. This uptick comes on the heels of a surprise draw in U.S. inventory levels and signals of robust product demand, underscoring buoyant conditions in the world’s top consumer market. U.S. Crude Inventory Fell U.S. crude holdings declined by …
The Securities and Exchange Board of India (SEBI) has introduced detailed guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) managed by stock exchanges and depositories in the commodity derivatives market. These guidelines, effective from June 29, 2023, aim to protect investors and promote financial literacy across the market. Structure and Governance …
The Securities and Exchange Board of India (SEBI), the regulatory authority for the securities market, has recently issued a circular that modifies the staggered delivery period for commodity futures contracts. This circular, effective from July 1, 2024, aims to address the concerns raised by market participants and is based on deliberations by SEBI’s Commodity Derivatives …
Narrowing Backwardation and Declining Bets on Oil Prices Oil prices have exhibited a declining trend, influenced by market metrics pointing to a weaker outlook despite geopolitical tensions and the upcoming OPEC+ meeting on supply. Brent crude’s prompt spread has narrowed to its smallest backwardation (backwardation is a market condition where the current price of a …
Copper Prices Soar Amid Market Optimism and Supply Concerns The red metal has surged in recent weeks, driven by optimism over lower interest rates and stimulus measures from top importer China. Bets on tighter supplies due to refiner cuts in China and stricter sanctions on Russian metal exports have further fueled copper buying Short Squeeze …
