The FinTech Hub
Source: Live Mint Gold prices have been rising quite fast in the past few weeks. Gold prices stand at ₹86,793 per 10 grams (24 carats) and at ₹79,573 (22 carats). Although the price witnessed biggest weekly drop of 2.5 percent after eight weeks of gains last week, but it still remains higher by 2.2 percent…
Source: Live Mint Over the past one year, gold has yielded a 37.73% return, while the three-year return stands at 18.72%. Looking at a broader horizon, gold has provided a 14.68% return over five years and 11.12% over ten years. ETFs allow investors to gain exposure to gold price movements without the burden of storage…
Source: Live Mint Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds (ETFs) among investors. The investment in the instrument between November 2023 and November 2024 quadrupled to ₹1,256 crore, says the Association of Mutual Funds in India (AMFI). The trend was witnessed…
Source: Live Mint Are you planning to invest in gold this Dhanteras. It is quite likely for you to be staring at a conundrum i.e., whether to choose physical or digital gold for the purpose of investing. Both the forms of gold have their own advantages and disadvantages, however, one key factor which may swing…
Source: Live Mint Indians’ love of gold is legendary, and deeply ingrained in Hindu mythology. As the legend goes, a fortune teller cursed the 16-year-old son of King Hima, saying he would die of a snakebite on the fourth day of his marriage. When the day came, his wife illuminated their house with lamps and…
