The US Fed Rates Announcement Perspective by Colin Shah

Dec 15, 2023

image001 1“The US Fed kept interest rates on hold, but the commentary was dovish. Especially, the indication of rates cuts as early as next year and well after that. The only caveat being economic indicators on track.

The guidance on interest rates is a gradual but steady approach to bring core inflation within the desired range of 2%. Lower interest rates bodes well for the gold and gems and jewellery sector at large. Gold has been making new highs, expected to continue the bullish trend.

Geopolitical tensions and a slowdown in global economic growth will boost gold prices. On the domestic front, we expect the demand trajectory to remain robust. The ongoing wedding season is expected to keep demand for gold and jewellery on the higher side.”

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
93,858
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

BDB completes 16 years of operations — marking 16 years of growth, collaboration, and continued commitment.

We are honored to have Mr. Pierre Steverlynck, Consul General of Belgium, and Mr. Swapnil Thorat , RPO Mumbai grace this special occasion with their presence.

2

BDB completes 16 years of operations — marking 16 years of growth, collaboration, and continued commitment.

We are honored to have Mr. Pierre Steverlynck, Consul General of Belgium, and Mr. Swapnil Thorat , RPO Mumbai grace this special occasion with their presence.

3

BDB completes 16 years of operations — marking 16 years of growth, collaboration, and continued commitment.

We are honored to have Mr. Pierre Steverlynck, Consul General of Belgium, and Mr. Swapnil Thorat , RPO Mumbai grace this special occasion with their presence.

✨ Crafting New Expressions of Luxury ✨

@GJEPCIndia and @TheLeelaHotels have signed an MOU to launch exclusive hospitality benefits and special offers for GJEPC members! 💎🏨

#GJEPC #TheLeelaHotels #GJEPCIndia #Luxury #HeeraZhaveraat

2

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of