The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Chart that tells a story — Gold EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Chart that tells a story — Gold EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Chart that tells a story — Gold EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Chart that tells a story — Gold EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Chart that tells a story — Gold EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Chart that tells a story — Gold EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Chart that tells a story — Gold EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Chart that tells a story — Gold EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Chart that tells a story — Gold EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Chart that tells a story — Gold EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Chart that tells a story — Gold EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Chart that tells a story — Gold EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Chart that tells a story — Gold EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Chart that tells a story — Gold EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Chart that tells a story — Gold EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Chart that tells a story — Gold EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Chart that tells a story — Gold EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Chart that tells a story — Gold EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Chart that tells a story — Gold EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Chart that tells a story — Gold EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Chart that tells a story — Gold EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Chart that tells a story — Gold EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Chart that tells a story — Gold EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Chart that tells a story — Gold EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Chart that tells a story — Gold EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Chart that tells a story — Gold EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Chart that tells a story — Gold EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Chart that tells a story — Gold EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Chart that tells a story — Gold EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Chart that tells a story — Gold EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Chart that tells a story — Gold EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Chart that tells a story — Gold EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Chart that tells a story — Gold EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Chart that tells a story — Gold EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Chart that tells a story — Gold EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Chart that tells a story — Gold EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Chart that tells a story — Gold EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Chart that tells a story — Gold EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Chart that tells a story — Gold EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Chart that tells a story — Gold EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Chart that tells a story — Gold EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Chart that tells a story — Gold EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Chart that tells a story — Gold EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Chart that tells a story — Gold EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Chart that tells a story — Gold EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Chart that tells a story — Gold EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Chart that tells a story — Gold EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Chart that tells a story — Gold EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Chart that tells a story — Gold EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Chart that tells a story — Gold EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker


+4
The Alchemist
Expert
කිත්සිරි ද සිල්වා
Sriranga
8 posters

    Chart that tells a story — Gold

    Sriranga
    Sriranga
    Veteran
    Veteran


    Posts : 3226
    Join date : 2014-02-23
    Location : Colombo

    Chart that tells a story — Gold Empty Chart that tells a story — Gold

    Post by Sriranga Sat Jul 25, 2015 8:32 am

    Chart that tells a story — Gold Gold10

    What does this show?
    The price of gold hit a five-year low of $1,088 a troy ounce on 20 July, falling 4 per cent in just a few minutes after the Shanghai gold exchange opened. The immediate cause of the drop was a surprise five-tonne sell order placed on the exchange by traders overnight.

    This triggered “stop-loss” orders, which traders put in place to limit their losses by automatically selling when the price reaches a predetermined level. This caused the price to drop even more sharply.

    Why is gold out of favour?
    One of the reasons behind the decline has been the stronger US dollar. The value of the greenback typically has an inverse relationship with gold. Like other commodities, it is priced in dollars on international markets, which means when the dollar rises investors have less buying power and the commodity becomes more expensive.

    Another factor is the prospect of an interest rate rise in the US after the Federal Reserve said it may increase the base rate from 0.25 per cent sooner rather than later, and possibly this year. That diminishes the attraction of non-yielding assets, such as gold.

    One other factor may have been Friday’s news from the People’s Bank of China that it owns around 1,658 tonnes of bullion — far less than the 3,500 tonnes analysts had expected. This news prompted a $10 per ounce price drop on Friday.

    Adrian Lowcock, head of investing at Axa Wealth, said: “Gold has traditionally been seen as a hedge against inflation and a weaker US dollar. Neither inflation or the US dollar have been an issue, with the latter remaining strong and the former low.”

    He adds that the Greek bailout negotiations and a 30 per cent fall in Chinese stock markets should have been cause for concern among investors, resulting in a flight to safe haven assets. However, investors have been quite relaxed about both events and have not sold off riskier assets such as equities and bonds.

    Why has it been a hit with investors over the years?
    The precious metal has traditionally been seen as a haven and hedge against inflation and a weaker dollar, but with the US economy showing signs of recovery and the dollar strengthening, its attractiveness has waned.

    Since it provides neither a dividend nor an income, there is an opportunity cost in holding it. That may be worth paying in bad times, when interest rates are low and the price is likely to be rising. But, with borrowing costs set to rise, commodities are losing favour with investors, as higher returns can start to be generated elsewhere.

    What are the prospects?
    Over the long term the price could fall much lower. Analysts once predicted prices would surge to $5,000 an ounce, but many are now saying it could fall back through the $1,000 mark this year. Some think the inflation-adjusted price is even lower than $1,000, so it is not out of the question that prices could continue to fall.

    Mr Lowcock added: “In the short term gold could be volatile as investors digest the recent swings. However as the US economy continues its recovery and looks to raise interest rates supporting the strong dollar we could continue to see pressure on the gold price.”
    http://www.ft.com/
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by කිත්සිරි ද සිල්වා Sat Jul 25, 2015 9:10 am

    Thanks Sri for sharing.
    Very interesting and enlightening too.
    Expert
    Expert


    Posts : 136
    Join date : 2014-03-03

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by Expert Sat Jul 25, 2015 9:43 am

    Thanks Sriranga, for enlightening us. I never saw this aspect of gold. I'm not a gold lover but see most people follow a buy-and-hold strategy with gold, especially women with regard to jewellery.
    avatar
    The Alchemist
    Top contributor
    Top contributor


    Posts : 651
    Join date : 2014-02-25

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by The Alchemist Sat Jul 25, 2015 10:33 am

    The other side to the Gold Story !

    http://www.globalresearch.ca/chinas-record-dumping-of-us-treasuries-leaves-goldman-speechless/5464407
    avatar
    pirate


    Posts : 58
    Join date : 2015-01-25

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by pirate Sat Jul 25, 2015 10:47 am

    Since the story came up, anyone here in to gold investing ? or know how to invest in gold ? scratch
    avatar
    guruji


    Posts : 602
    Join date : 2015-04-27

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by guruji Sat Jul 25, 2015 10:55 am

    Where to buy and sell gold coins in sri lanka,
    avatar
    rameez


    Posts : 47
    Join date : 2014-10-28

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by rameez Sat Jul 25, 2015 1:58 pm

    investing in gold can be boring, but if you are a fan, usually a women's game, it is advisable to buy from a reputed jeweler who can give you a purity certification which you better retain. Also note buying the biscuit with the hallmark is better than getting the jewelry as you save up to 30% on making cost and wastage.
    nihal123
    nihal123
    Top contributor
    Top contributor


    Posts : 6327
    Join date : 2014-02-24
    Age : 58
    Location : Waga

    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by nihal123 Sat Jul 25, 2015 2:14 pm

    Thanks Sri

    Sponsored content


    Chart that tells a story — Gold Empty Re: Chart that tells a story — Gold

    Post by Sponsored content


      Current date/time is Mon Dec 02, 2024 2:56 am