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Source: Live Mint Gold prices in India achieved remarkable growth for the last Samvat year, soaring nearly 32 per cent since last Diwali. This surge in gold rate was primarily driven by multiple factors, including rising geopolitical tensions, anticipation of interest rate cuts, a stable dollar index, signs of global economic slowdown, and robust demand…
Source: Live Mint Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for…
Source: Live Mint Share market today: In a recent conversation with Mint, Aamar Deo Singh, Senior Vice President of Research at Angel One Ltd, emphasized that Samvat 2081 holds promise overall, yet volatility will persist due to the current state of the global economy and geopolitical tensions. Significant market swings, which offer both opportunities and…
Source: Live Mint Gold price today: MCX Gold rate declined in morning trade in the domestic futures market on Thursday, October 31, primarily due to profit booking at higher levels on the Occasion of Diwali 2024. MCX Gold for December 5 expiry traded 0.16 per cent lower at ₹79,612 per 10 grams around 9:35 am….
Source: Live Mint Gold prices on Wednesday, October 30, rose 0.41 per cent or ₹321 to ₹79,554 per 10 grams of the yellow metal as of 9:06 p.m. (IST), compared to its previous close at ₹79,233 per 10 grams, according to data collected from Multi Commodity Exchange of India (MCX) on Gold Futures contract of…
Source: Live Mint Gold and silver prices in India are currently trading near record highs amid the Diwali festive season. The MCX gold rate has surged close to ₹80,000 per 10 grams, while silver prices are approximately ₹99,000 per kilogram, after briefly crossing the ₹1,00,000 mark earlier this month. Gold has delivered a substantial return…
Source: Live Mint If you plan to invest in digital gold this Diwali, remember that you have several options, including gold mutual funds, gold ETFs and gold bonds. With the government planning to discontinue gold bonds, investors can consider investing in gold ETFs and gold mutual funds. There are 17 gold exchange-traded funds (ETFs) with…
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 This Diwali, if you are contemplating investing into gold, then remember that you do not necessarily have to buy it in the physical form. There are a few options to buy virtual gold which will not only enable you to earn the upside on gold, but will also spare you from worrying…
Source: Live Mint Dhanteras, the day that marks the beginning of Diwali festivities, holds immense cultural and financial significance. It’s a day when families across India seek the blessings of Goddess Lakshmi, the goddess of wealth, for prosperity and well-being. Traditionally, buying gold on Dhanteras is seen as a way to invite wealth and positive…
