Watch the interview of Adrian Ash BullionVault with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.
Watch the interview of Adrian Ash, Editor, Gold News, BullionVault with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on Gold prices.
The major indicator, inflation, has seen an upwards trend in the US. So Adrian Ash, Editor Gold News and Head of Research, BullionVault says the Federal Reserve will not be able to justify a rate hike.
In an interview with CNBC-TV18, Adrian Ash said that gold at the moment is fundamentally associated with political risk, the Brexit referendum and US Presidential race should prove to provide safer haven for gold.
The continuing crash in gold prices has brought out the bears in full force. Prices are ruling around USD 1,200 per ounce, and in the domestic markets, Friday saw the metal lose Rs 1,150 per 10 gm in Delhi – hitting a 23-month low of Rs 25,650.
Physical gold buying among private investors surged in April as they took advantage of bargain prices after bullion's historic sell-off, a survey by BullionVault showed on Tuesday.