Tag: Gold prices

Gold prices: Gold outlook continues to be good in medium term: PR Somasundaram

We don’t forecast prices but medium-term fundamentals still seem very solid for gold, says PR Somasundaram, MD-India, World Gold Council. Gold prices are down by...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

Falling gold prices boost jewellery demand up by 10-20%

KOLKATA: India’s jewellery demand has increased by 10-20% this month compared with December with the fall in gold prices prompting consumers to place orders now...

Gold prices rise, even as dollar rebounds, yields hold higher

Gold futures added to gains on Wednesday after a sharp rally in the session prior, with bullion buoyed by seasonal buying trends that have momentarily...

Gold prices: Gold loan market expanding fast, to reach Rs 4.6 lakh crore in FY22

Kolkata: Scores of Indians are using their gold holdings as collaterals to meet their financial needs, cashing in on rising gold prices amid the pandemic...

US stock climb as investors await stimulus developments, shrug off Google antitrust lawsuit

Getty Images / Bryan R. Smith US stocks closed higher on Tuesday as investors awaited fiscal stimulus developments and shrugged off an antitrust lawsuit...

US stocks rise as investors weigh latest comments on stimulus progress

John Moore/Getty Images US stocks gained on Thursday on revived hopes for near-term stimulus and on jobless claims that declined week-over-week. President Donald Trump...

Tanishq sees better recovery in demand in smaller towns

There has been a lot of positivity thanks to festivals like Raksha Bandhan, Ganesh Chaturthi, Eid or Onamtanishq. We believe that as we head into...

What does correction in the yellow metal mean for gold loan borrowers?

During the covid-19 pandemic, many borrowers resorted to gold loans to fund their cash requirements. The rise in prices of the yellow metal helped borrowers...

Investing in digital gold? Know the risks and costs involved

This has given the product a reach that even some of the other most-recommended products, including sovereign gold bond and gold exchange-traded funds, may not...

Sovereign Gold Bond Scheme: Why some investors may give Sovereign Gold Bond Scheme a miss

Investors already having a sizable exposure to gold as an asset class could give the upcoming Sovereign Gold Bond Scheme offering a miss as the...

Axis Nifty ETF, Axis Gold ETF spike up to 6,553% in a day; here’s why

Axis Nifty ETF and Axis Gold ETF logged a surprise spike of 6,553% and 741%, respectively, on Friday due to a technical error on the...

Gold tops ₹50,000 level; know how much you should invest in the precious metal

Tracking gains in the international markets, prices of spot gold in India on Wednesday surged to over ₹50,000 per 10 gram on the Multi Commodity...

Selling inherited or gifted gold? You should know the tax rules

Most of us hold some amount of gold in the physical form, which we may have inherited or received as a gift from our parents...

Gold bonds demand dips marginally as equity market rallies

The third tranche of sovereign gold bonds saw people buying 23.88 lakh units worth ₹1,117 crore, as per the data released by the Reserve Bank...

Muthoot Finance: Muthoot Finance to be a major beneficiary of rally in gold prices

ET Intelligence Group: Muthoot Finance, a Kerala headquartered large-cap gold finance company, remains a bright star in the nonbanking finance (NBFC) sector which has been...

gold loan: Rush for gold loans seen as Indians seek refuge from slowdown

By Swansy Afonso Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set...