Articles

  • Aug 23, 2024 | financialexpress.com | Bhavik Patel

    The minutes from the Federal Reserve’s July monetary policy meeting which was published yesterday gave investors some direction that Fed members are looking at rate cut in September. The gold market is holding near its session highs and is seeing limited bullish momentum as market has already priced in 25 bps rate cut.

  • Aug 8, 2024 | financialexpress.com | Bhavik Patel

    After four weeks of weekly decline, we have seen crude oil prices recovering. In MCX, 6000 seems to be temporary base and it seems we may see levels till 6500-6600 before fresh selling pressure comes. Until last week, demand concerns from China was keeping prices under pressure. Since last Friday, the weak US jobs data and Yen carry trade unwinding led to steep fall in Crude oil prices.

  • Aug 2, 2024 | financialexpress.com | Bhavik Patel

    Gold price is trading comfortably above $2400 amid heightened Middle East tensions, some weaker U.S. economic data and a dovish lean by the Federal Reserve this week. The bulls in the precious metals markets were encouraged by the U.S. manufacturing purchasing managers index, which came in lower than predicted in July and suggested the Federal Reserve could be able to lower interest rates this fall.

  • Jul 29, 2024 | luxurydaily.com | Bhavik Patel

    Print Reprints ARTICLE TOOLS SPONSOR Columns By Bhavik PatelFor luxury brands, the clash between tradition and innovation has intensified. Since the introduction of legends such as Tiffany & Co. and Harrods in the 1830s, luxury brands’ physical boutiques were the epitome of exclusivity, where the tactile experience of silk, leather, and diamond was king. 150 years on and the online world was a playground for the masses – not something for the discerning customer.

  • Jul 25, 2024 | financialexpress.com | Bhavik Patel

    Every time Gold sets a new record high, there is typically a follow-up sell-off that results in a healthy correction that helps to restore equilibrium in the overbought conditions. This is also a result of shrewd money taking profits at the first signs of a correction, which causes a significant decline in prices, which continues until fair value is reached.

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