Tag: gold

Know what you need to check while buying gold jewellery

NEW DELHI : Come 1 June, and jewellers will be able to sell only hallmarked gold jewellery. The government had initially made hallmarking compulsory from...

Mutual funds turn net buyers after 9 months; invest ₹2,476 cr in equities in March

Kaushlendra Singh Sengar, founder and CEO at INVEST19, said mutual funds (MFs) inflow in equities will be stagnant in near future. Prior to the inflows, mutual...

Investment strategies for asset classes for FY22

NEW DELHI:The start of a financial year is an ideal time to plan for savings, spending as well as investment, as it helps manage money...

Gold prices have corrected 16% from their peak. Should you buy?

NEW DELHI: Gold, which was the top-performing asset in 2020, has corrected around 16% since 7 August, 2020, when it had closed at a high...

Eligibility, interest rate and features explained

To take care of a temporary cash crunch, an individual has various options. These include taking a gold loan, a personal loan. Gold loans can...

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...

View: Let the RBI simply print the extra money needed, avoiding the risks of a Covid tax in this Budget

Covid has hammered the poor, yet stock markets have boomed. Massive printing of money by central banks has flooded the world, sending all stock markets...

Gold Monetisation Scheme: How to make Indians part with gold

NEW DELHI: Indians love gold. Almost every household purchases gold on festive occasions, even if a small quantity. Over the last few decades, household stock...

UK treasure act: UK redefines treasure to cover bronze, copper as well as gold and silver

The UK government has made changes to its Treasure Act to ensure other metals such as bronze and copper are also covered alongside traditionally recognised...

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...

Bitcoin price plunges over 10% to stage Thanksgiving correction

Bitcoin prices tumbled Thanksgiving Thursday, with the No.1 cryptocurrency, pulling back sharply just at it was on the verge of notching its first all-time high...

Dhanteras: Pre-Diwali Dhanteras sales of gold and silver see some shine on 1st half of Friday

New Delhi/Mumbai: The pre-Diwali Dhanteras sale of gold and silver gathered pace in the first half of Friday with traders witnessing demand mostly for coins...

Bandhan Bank: How Bandhan Bank plans to hold on to its title as the nation’s most profitable lender

By Pradipta Mukherjee and Suvashree Ghosh Indian micro-financier Bandhan Bank Ltd. will diversify lending and selectively tap more rural markets to cement its position as...

Dow tumbles 800 points as COVID-19 cases hit record and stimulus hopes fade

Getty Images / Xinhua News Agency US stocks fell on Monday as daily COVID-19 cases hit a record and a stimulus deal appeared increasingly unlikely...

Gold: Go for gold! Chris Wood’s asset allocation for uncertain times

Mumbai: Even as uncertainty rules markets, Chris Wood is most optimistic on the prospects of gold from a 10-year kind of perspective. He also finds...

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...

Rising gold prices short term deterrent, will attract genuine buyers, say jewellers

Global uncertainties have mounted with US President Donald Trump being hospitalised with Covid-19 ahead of the US elections and gold prices are shooting up. However,...

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...

Will multi asset funds take care of your asset allocation needs?

Multi asset funds or mutual fund schemes that invest in multiple asset classes are in vogue these days. Several mutual fund houses and their sales...

Equity MFs see first outflows since 2016

Equity mutual funds (MFs) saw a net monthly outflow for the first time in more than four years as investors booked profits after a sharp...

Should you invest in multi-asset funds?

With rallies in gold and international equities, more and more fund houses are launching multi-asset funds. These funds can invest in equity, debt and gold,...

People fear they’ve got too much cash in their bank accounts

Running out of guaranteed ways to get meaningful returns, some people are increasingly being tempted to raid their interest-earning cash savings to load up on assets such as...

Gold has ‘no role’ in portfolio of wealth clients, says Goldman manager

Don’t believe the hype. That’s the message from Sharmin Mossavar-Rahmani, chief investment officer of private wealth management at Goldman Sachs, who thinks that gold is...

Here’s the best way to hedge the weakening U.S. dollar and buying gold isn’t the move

Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.51% is often the first asset that investors...