Experts say the surge in gold prices came amid a confluence of factors, including major central banks' dovish outlooks, slightly lower bond yields, and heightened geopolitical tensions.
Indian bonds currently appear neutral to slightly attractive compared to the equity market, as well as their own historical performance during previous rate-cutting cycles, highlighted a report by SBI Mutual Fund.
Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks in April, after remaining net buyers in the two preceding months, as the ongoing geopolitical crisis in the Middle East coupled with strength US bond yield likely pushed investors to take money off their portfolios.
Indian stock market indices traded almost flat after opening in red on the Wednesday session. The Nifty 50 closes at 22,434 by losing 18 points while Sensex closed at 73,876 by losing 27 points.
The report sheds light on the repercussions of elevated US interest rates on government bond yields across the region, emphasizing the potential challenges and opportunities in the emerging markets.
The US 10-year Bond Yield recently reached a 16-year high, standing at an alarming 5 per cent, further adding to the apprehension, while surging geopolitical tensions in the Gulf region have compounded the uncertainty.
Addressing a gathering in Delhi, Governor Das highlighted the complexity of the current economic landscape, stating, "There is a multiplicity of factors. The dollar index has become quite strong. The bond yields in the US have reached an all-time high, but, if you look at the volatility of t
New Delhi [India], February 11 (ANI/GPRC): XM's analysts in India take a close look at gold, which has been rallying since early November, repeatedly meeting strong support near $1615. This may be due to sliding US bond yields, as well as a dollar weakened by expectations that the Fed may be
The BOJ said the yield on the 10-year Japanese government bond could rise as high as 50 bps from a previous cap of 25 bps. The central bank has set a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low,
Mumbai (Maharashtra) [India], July 19 (ANI/PRNewswire): IndiaBonds announced the launch of its strategic tool last month, the Bond Calculator that would aid investors that invest in the fixed income space. The online Bond Yield Calculator which is a widget on IndiaBonds website, is available
New York [US], April 18 (ANI/Sputnik): Alarm bells on US inflation hit a new crescendo on Monday as the yield on ten-year bonds rose to highs not seen in more than three years, while gold prices briefly broke back above $2,000 an ounce as investors sought a hedge against soaring price pressu
Mumbai (Maharashtra) [India], Sep 9 (ANI): Morgan Stanley said on Thursday it expects India to be included in global bond indices in early 2022 and the index inclusion will attract USD170 to 250 billion in bond inflows in the next decade in base/bull scenario.