Gold Market outlook 2022
Gold completed the year at around 4% lower from the 2020, and may face similar dynamics in 2022, as competing forces support its performance.
Gold completed the year at around 4% lower from the 2020, and may face similar dynamics in 2022, as competing forces support its performance.
Based on the LBMA Gold rose 2% in November. Gold’s performance was influenced by weaker equities, lower rates and strength of the US dollar.
The factors that influence gold demand in India are numerous and diverse. Cultural affinities, long-standing traditions, and festive gifts all play a part.
A report from the World Gold Council, spotted September as one of the best months for gold. Gold has delivered positive returns on September.
Acceleration of the local coronavirus vaccine programme and concomitant slowdown of the third wave of coronavirus in the country, boosted Investors’ confidence in Germany.
Q1 saw boosted demand for physical gold as investors looked for alternative assets and gold caught a safe haven bid as a hedge against the rising inflation.
Managing Director: Stefan Nolte
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