Perspective on Gold price outlook post-Fed rate hike By Colin Shah

Jul 27, 2023

downloadMr. Colin Shah, MD, Kama Jewelry

The US Fed hiking rates by 25 bps were on expected lines, the street is expecting one more hike from here on. As inflation is showing signs of control an impending fear of recession will limit Fed’s ability to hike rates further. We may expect an easing of policy rates by next year. The expectation of policy easing has led to a fall in the dollar index and thereby strength to the yellow metal. The rally in the past couple of days is expected to continue albeit at a slower pace.

Globally, the prices are expected to touch the $2000/oz level. Domestically, the rate may touch its previous high of over 62,000/10gm. The movement of the yellow metal will largely be guided by the economic data in the west, and the magnitude of the recession in the US.

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
94,571
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

Divine Solitaires honoured leading partner jewelers from across India at IIJS Premiere 2026, alongside the first weekly lucky draw of TSFI's Wood Jubilee edition.

#divinesolitaires #hzinternational #iijspremiere #heerazhaveraat #luckydraw

3

✨ A moment to remember at IIJS Premiere 2026!

Proud to be part of Jewellers for Hope, bringing the jewellery community together for a meaningful cause. Grateful to be part of this special initiative.

#iijspremiere2026 #uniquechains #jewellersforhope #gjepc #iijs2026

✨ A moment to remember at IIJS Premiere 2026!

Proud to be part of Jewellers for Hope, bringing the jewellery community together for a meaningful cause. Grateful to be part of this special initiative.

#iijspremiere2026 #uniquechains #jewellersforhope #gjepc #iijs2026

4

Every masterpiece tells a story.
Discover Gehraiyaan by Kiran Jewels India at IIJS Bharat Premiere 2026.📍 Bombay Exhibition Centre, Mumbai
📅 6–10 Aug 2026
🏛️ Hall 4 | Booth 4R-481B#hzinternational

#iijsbharat #finejewellery #luxuryjewellery #heerazhaverat

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of