Tag: gold

Gold prices near 6-month low. Should you start buying now?

Gold price today hit 6-month low on MCX (Multi Commodity Exchange) after hitting ₹45,900 per 10 gm in Monday’s early deals and the slide in...

Gold price may jump to its lifetime high by end of 2021. Should you buy now?

Gold price yesterday at Multi Commodity Exchange (MCX) slide 0.06 per cent and closed at ₹47,090 per 10 gm mark. The yellow metal price edged...

Government asks jewellers’ body to reconsider August 23 strike over hallmarking gold

Asserting that the mandatory hallmarking of gold jewellery in 50 days of its first phase of implementation has been a “grand success”, the government on...

How much gold prices have risen every 10 years, from ₹99 per 10 gram in 1950

Gold is one of the most revered and lucrative investment options in India. Due to high liquidity and inflation-beating ability, it is considered an investors...

Tenure, interest rates and features explained

One of the major challenges that investors in physical gold face are safe storage. Although, they can keep their gold in bank lockers. For that,...

Here’s how much return gold has given since India’s independence

Independence Day 2021: While whole nation is celebrating 75th Independence Day today, gold investor will have some extra reason to celebrate. The precious metal has...

Nifty at 16,500! Where to invest when markets are high?

With BSE Sensex hovering at 55,000-mark and broader NSE Nifty at the 16,500 level, many investors are skeptical about adding more to their investments. Though...

Investing in Gold? See which options are best for you

However, with the investors spoilt for choices among five different forms of investment options in the precious metal—physical gold, digital gold, Gold ETF, gold mutual...

Increase in first-time investors foraying into India’s investment market

NEW DELHI: There has been a visible increase in the percentage of first-time investors from the age group of 18-30 this year, shows Groww database....

SBI offers interest rate discount on gold loan. How to avail via YONO SBI

The demand for gold loans has been strong amid the covid-19 crisis. The interest on gold loans varies, ranging between 7% and 29%. SBI Gold...

In small town India, a shift underway from savings to investments

“Investing as a concept has still not seeped into the fabric of life here. The very term investment isn’t common parlance. We still use the...

Gold price trade sideways. Should you buy on dips?

Gold price today opened in green zone extending yesterday’s gains at Multi Commodity Exchange (MCX). The precious yellow metal today opened with an upside gap...

Gold price dips. Experts say ‘golden opportunity’ for buyers

Gold price at Multi Commodity Exchange (MCX) dipped ₹108 per 10 gm and closed at ₹47,526 per 10 gm. According to commodity experts, dipping gold...

Gold prices near two-month low. Should you buy on dips?

On account of mixed signals from the US Federal Reserve on interest rates, gold price is currently at its 2-month low. However, commodity experts are...

Investment in gold can be more than a hedge against inflation

One of the biggest risks of investing is not being able to beat inflation. So, if you are invested in an asset class that is...

What do the new hallmarking  rules mean for you?

From 16 June, jewellers have been allowed to sell only hallmarked gold jewellery and artefacts. The government has planned a phase-wise implementation of mandatory hallmarking...

gold price today: Gold futures plummet, hover near Rs 47,000/10 gm. Time to take positions now?

NEW DELHI: Domestic gold futures tanked by more than Rs 1,600 on Thursday mirroring losses in global benchmarks, as the dollar and US bond yields...

Herding bias can be injurious to financial health

We might like to think that we make decisions based on our independent assessment. Not really. A new study by the Journal of Consumer Research...

Gold prices dip. Experts say good opportunity for yellow metal investors

Gold price yesterday at Multi Commodity Exchange (MCX) dipped ₹318 and closed at ₹48,880 per 10 gm levels. However, if we go by commodity experts...

Is it a good idea to invest in gold for an emergency fund?

It is often seen that people use their accumulated gold or ancestral jewellery to fund their emergency cash requirements. During the ongoing pandemic, a large...

Here is why you should invest in Sovereign Gold Bonds

The second tranche of the sovereign gold bond scheme 2021-22 opened for subscription on Monday (24 May). The window will remain open till 28. The...

Considering the Gold sovereign bond offer? Here’s what you can do

MUMBAI : This year, more and more investors are looking at the digital route to invest in gold as covid restrictions are preventing them from...

gold price per gram today: Gold seen touching Rs 50,000 in a month. Is the yellow metal getting its mojo back?

From a high of $1,959 per ounce on January 6, 2021 to a low of $1,676.01 per ounce on March 8, and again a low...

‘I will invest core portfolio in ETFs, satellite in active funds’

In April 2020, when covid hit India and the country went into lockdown, Mint spoke to industry leaders in the financial services space to understand...

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...