Gold Market Commentary

Inflation, falling yields and the US dollar pushed gold higher

Marking a turnaround from the first three months of the year, gold rebounded 4.5% in April to finish the month at US$1,768/oz - its highest monthly closing level since January and its first positive monthly return since December 2020.

Gold Market Commentary

A sharp rise in US interest rates and a stronger dollar have weighed on gold recently. But a rebound in economic activity and a lower gold price have provided opportunities for consumers and strategic investors alike.

Gold ETFs in India – time for growth

Vishal Jain is widely regarded as the founding father of the Indian gold ETF market. Now head of ETFs at the Nippon India Mutual Fund, Jain explains why interest in gold ETFs has soared in India recently and assesses prospects for the market.

Market Update: India's Budget - policy and progress

India, a nation that accounts for around a fifth of annual global gold demand, has a long history of gold-focused policies. These, however, have often distorted the market rather than achieving policymakers’ aims. Announcements in the Union Budget on 1 February 2018, however, suggest this might change.