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Source: Live Mint However, what about their value as investments? Are diamonds really forever? Mint asked experts to share investing lessons from diamonds’ two-decade-long price stagnation and whether modern-day assets like cryptocurrencies will meet the same fate. Radhika Gupta, MD and CEO at Edelweiss Asset Management Ltd The key thing is that some asset…
Source: Live Mint While many prefer to buy gold and precious jewellery from duty-free shops in the Middle East, this time, maybe save the purse for a trip to a local shop. Gold prices in India are cheaper than costs in Oman, Singapore, the United Arab Emirates and Qatar, according to a report by Business…
Source: Live Mint But can this approach succeed in the diamond industry, where exclusivity is often the main attraction? Over the past three years, Trent has achieved impressive growth, with sales and profits rising at compound annual growth rates (CAGR) of 68% and 103%, respectively. During this period, its share price grew at a CAGR…
Source: Live Mint When you sell your old piece of jewellery to buy a new one, you are meant to pay capital gains tax on the sale. It is vital to note that the sale of gold, even for the purpose of buying a new ornament, is seen as the sale of an old asset….
Source: Live Mint The annual festival season that typically sees a scramble for gold may see a fall in demand this time, the first in four years, as runaway prices put the yellow metal out of reach for many Indians. Gold price nearing ₹80,000 per 10 gm has curbed new purchases and turned customers to…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 10:29 AM IST Senco Gold (Senco) share hit a new high of Rs 1,542.95 on the BSE on Tuesday, surging 8 per cent in the intraday trade, after Senco Gold and Diamond Company said that its board will meet on Friday,…
Source: Business Standard Senco gold | Source: Senco gold 3 min read Last Updated : Sep 09 2024 | 11:00 AM IST Shares of Senco Gold hit a high of Rs 1,252.10, as they rallied 5 per cent on the BSE in Monday’s intra-day trade on healthy outlook. Thus far in the calendar year,…
Source: Business Standard Illustration by Binay Sinha 5 min read Last Updated : Sep 09 2024 | 1:26 PM IST Shares of Kitex Garments (KGL) and Tribhovandas Bhimji Zaveri (TBZ) hit multi-year highs after they rallied by up to 17 per cent on the BSE in Monday’s intra-day trade in an otherwise weak broader market…
