Precious metals price outlook- Gnanasekar Thiagarajan, Director, Commtrendz Research BSE, 7th Feb 2018.

Slides:



Advertisements
Similar presentations
War Room 08/31 Gold – Where Do We Stand, And Where Are We Going?
Advertisements

CPM Group Carlos Sanchez Associate Director, Research CPM Group The Outlook for Gold and Silver 30 Broad Street | 37 th Floor New.
A Decade of “Pain” to follow a Decade of “Gain?” CANACERO September 11, 2013.
CPM Group Silver Users Association Washington, D.C. November 2007 Jeffrey M. Christian Managing Director CPM Group Using Silver in an Era of High Prices.
Monetary Policy Committee Financial Markets Developments J. Pandoo Head – Financial Markets Operations Division 14 July 2014.
A snapshot of the life of an ‘applied’ economist
Behavioral Finance and Technical Analysis
First Quarter Investment Outlook Prepared February 6, 2015.
MACROVIEW EEM – 31day Intraday – lagging developed mkts for 6m but playing catchup – GAPPED above downtrend with 47 being NEW resistance – unwind seems.
Presented by: Robert F. DeLucia, C.F.A. Senior Economist Quarterly Economic And Financial Market Outlook November 2004.
Stanford Blyth Fund FICC Group Current Holdings Review DBC Harrison.
McGraw-Hill/Irwin Copyright © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Behavioral Finance and Technical Analysis CHAPTER 9.
Talking Points: Precious Metals and Their Uses Types of Precious Metals Accounts Physical Versus Paper Leading Indicators Lagging Indicators Gold and Silver.
2Q | 2011 Guide to the Markets As of March 31, 2011.
Why Gold? Why Gold? Why an allocation to gold may benefit investment portfolios June 2005.
The Implications of a 75-Year Cycle Top 1/24/08 Dow just broke its 75- year up trend line (see chart to right).
Economic Outlook William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago Chicago Association of Spring Manufacturers Rosemont,
ETF Trading Strategy Bigfoot, Whiddon Wealth Management, LLC and LPL Financial are separate unaffiliated entities. Whiddon Wealth Management, LLC 2410.
Poland after the EU Accession 26 November, 2004 Mats Olausson Chief StrategistEmerging Markets Poland after the EU.
Overview and Outlook for Georgia’s Revenue Situation and Economy Fiscal Management Council Office of Planning and Budget Ken Heaghney September 2015.
The Silver Market in The Silver Market (Jan 4 $17.17/oz) (Dec 30 $30.70/oz) The average silver price in 2010 was $20.19 per ounce The price.
Risks to the Expansion John B. Taylor Stanford University (Notes for White House Conference presentation, April 2000)
How to Use Technical Analysis to Maximize Your Gains Presented by Peter Krauth.
Equity Derivatives Yield Enhancement and Hedging Strategies August 2003.
INTERNATIONAL MONETARY FUND JANUARY 2014 The Mauritanian Economy: Performance and Outlook.
 Do not put content on the brand signature area CENTRE FOR INVESTMENT EDUCATION AND LEARNING Equity Valuation and Analysis Author 1 & Author 2 Location.
The Outlook for Global Capital Flows Richard Koss International Monetary Fund April, 2016 University of British Columbia 1 THE VIEWS EXPRESSED IN THIS.
2015 Investment Outlook Yuntaek Pae, PhD, CFA Associate Professor of Finance, Lewis University.
1 Commodity price increases: causes, effects and policy responses G20 Conference on Commodity Price Volatility Istanbul, 13 th September 2011 Jonathan.
Global economic forecast May 18th The economy is recovering strongly, not least because of temporary factors such as a normalisation of inventories.
Global economic forecast November 16th The recovery is softening, with the weakness of private-sector jobs creation giving particular cause for.
Global economic forecast December 14th The recovery is softening, with the weakness of private-sector jobs creation giving particular cause for.
Global economic forecast November 1st The housing market has stabilised recently but a sustained recovery is unlikely until 2011 Factors putting.
Copyright Aditya Birla Nuvo Limited 2008 Aditya Birla Money Monthly Commodities Insight (July 2013) Aditya Birla Money Limited.
From Turmoil to Recovery, What’s Next? Jean McGowan, CFA February 16, 2010.
Gold firmed on Monday after three straight weeks of losses as appetite for assets seen as higher risk, such as stocks, was hurt by soft euro zone data.
The Big Picture David Irwin, Equity PM EAMG. Agenda Investment philosophy/style Market update Par fund 2.
Iraq War Scenarios Copyright © 2003 Global Insight, Inc. February 18, 2003 Nariman Behravesh Chief Economist.
Some Market Trends, Indicators And Signals FastTrack User Group Meeting Mar 31, 2014 Close Gordon Harms.
Kunal Shah Head of Commodities Research Gold, where it is heading??????? Why Gold outperformed?? China and its long term plan on Gold Investment demand.
 Analysis of statistics generated by market activity such as past price and volume to come up with reasonable outcome in future using charts as a primary.
Weekly Commodity Market Report for 3 Apr-7 Apr 2017 by TradeIndia Research
© 2016 Global Market Insights. All Rights Reserved Precious Metals Market Share, Outlook & Forecast Precious Metals Market.
Economic Outlook Multi-Chamber Economic Outlook William Strauss
EQUITY-PORTFOLIO MANAGEMENT
Current Yields April 21st, 2017
Budget Deficits and the National Debt
Craig Collins, Senior Vice President
Gold will be “Fear Asset” In 2017
Currency Markets Price outlook- Gnanasekar Thiagarajan, Director, Commtrendz Research IMC, 02nd March 2017.
Baltic economic outlook
FX Market Summary Report
Relative Strength Ratio of price to index or past average price over some period Ratios plotted to form graph of relative price across time Rising (falling)
Investment Management
Commodity mutual funds
Outlook on Crude Oil for 2018.
August 2018 Cameron Alexander, Director Metals Demand Asia, GFMS
Lecture 28 Technical Indicators.
Recommendation: Buy Nike (NKE)
The Depreciating Rupee and the Indian economy
Global Agri Commodity Market Outlook Economic Advisor, IMC and
IMC Panel Discussion on ‘Inflation Outlook’ January 22, 2019
Alix Spruce, Nathan Moore,
Behavioral Finance and Technical Analysis
To Have a Better Idea of Outlook - Market Structure
Types of risk Welcome to today’s presentation. We’re here to help you make the most of your retirement plan and keep you informed of concepts that may.
2018 Q2 Market & Economic Overview
State of the Market September 2010
INVESTMENT PROPOSAL EMERALDSGLOBAL LTD. INVESTMENT PROPOSAL
Global economic growth
Presentation transcript:

Precious metals price outlook- Gnanasekar Thiagarajan, Director, Commtrendz Research BSE, 7th Feb 2018.

Gold Price Outlook Has been moving inversely with the dollar and have benefited from a softer dollar in 2018. It has risen almost 5 % in 2018 before easing lower after the Non-Farm payrolls hinted at hawkishness in the monetary policy going ahead.

Gold Price Outlook Key Bullish drivers for bullion in 2018: Overvalued equity markets Safe-haven buying Bitcoin woes Rising interest rates confirm inflationary concerns Rising crudeoil prices US tax cuts

Gold Price Outlook Key Bearish drivers for bullion in 2018: Stronger dollar 2. Rising interest rates 3. Gold will be used to fund margins of falling equities 4. Benign investment demand so far

Gold Price Outlook Fundamentally speaking both the bullish and bearish drivers are equally matched.. Potential for geopolitical flare-ups, improving physical demand in key buying nations India and China, and investment demand as a hedge against any correction in soaring stocks should aid. But, The U.S. economy will remain strong enough that Fed policymakers will in fact hike as much as they’ve hinted.

Going by recent history, rising rates have only aided gold. Gold Price Outlook Going by recent history, rising rates have only aided gold.

Gold Price Outlook The gold market is an alternative currency similar to bitcoin. If you’re looking for an alternative currency, gold is going to benefit from bitcoin’s disaster.

Silver Price Outlook Considering silver's underperformance, its traditionally higher volatility and historic relative strength during periods when investors are building gold exposure, the white metal is on track to outperform. Tightening fundamentals owing to lackluster mining output and strengthening global industrial activity are additional positives Averaging 63.8 over the last 10 years, the Gold/Silver Ratio – a simple measure of the two formerly monetary metals relative pricing – stood close to 78 lately.

Silver Price Outlook Averaging 63.8 over the last 10 years, the Gold/Silver Ratio – a simple measure of the two formerly monetary metals relative pricing – stood close to 78 lately.

Technical Gold Price Outlook Medium-term resistance is in the $1375 zone. As seen in the chart below, the zone it is a confluence point of resistances.

Technical Gold Price Outlook Ideally, we expect $1375 zone to be broken and price to rise to $1650 levels, a potential technical target.

Technical Silver Price Outlook The long-term trend line support as seen below has been holding any major declines for the past 15 years.

Technical Silver Price Outlook Break above $18.65 should open the way for $ 21.00 in the coming months.

Bullion Price Outlook Cheers And Thank You!!