Daily Tips

Friday, May 2, 2014

CHART: Gold vs Sensex between last Akshaya Tritiya and now

Should the much anticipated global economic recovery materialize, equities will be the clear favourites.

After outperforming equities a handsome margin in FY13, gold lost much of its ‘safe haven’ sheen last year, and ended up lagging the Sensex. Prospects for the yellow metal, in comparison to equities, do not look too bright this year too. Investors are betting on a global economic recovery later this year. Also, the Fed is expected to reduce the pace of its monthly bond purchases going ahead. This in turn should strengthen the dollar. Should the much anticipated global economic recovery materialize, equities will be the clear favourites. 

2 comments:

Ruchi Agrawal said...

For Latest Tips On Share Market it is very important to have information regarding capital market.

Unknown said...

Spot rubber finished almost steady on Tuesday. Sentiments remained under pressure following the news that above 30,000 tonnes of rubber had been imported during May.
intraday crude oil tips

Post a Comment