According to Angel Commodities, on Thursday, spot gold prices declined marginally by 0.24 percent to close at $1328.6 per ounce as the U.S. dollar pared losses on safe - haven buying from investors fearing a trade war between the United States and China.
Aluminium has breached its strong immediate trading range of 134-136 downside which indicates to bring more selling pressure in the coming session.
Bond prices are inversely linked to interest rates. When interest rates go up, bond prices fall and vice versa.
Watch Manisha Gupta decode the rise in gold prices and what the future holds for the precious metal.
The Fed raised interest rates on Wednesday and forecast at least two more hikes in 2018, contrary to three more increases most market watchers expected.
There are multiple exchanges available in India for you to kick-start your cryptocurrency trading.
Digital payment systems have ballooned in popularity in India since the government scrapped large-value bank notes in 2016.
The missing insurance component in a mutual fund investment can be compensated by purchasing a term insurance of the same amount.
According to Angel Commodities, expect gold prices to trade lower ahead of the outcome of the FED meeting in which it is expected that they may do the rate hike at a faster pace in 2018.
Gold prices are likely to trade with some more downside bias and we might expect selling pressure with volatility as the FED policy meet is going on and at the end of the session today we can get the result on interest rates.
"The Committee of Executive Directors of the bank at its meeting held today has approved the allotment of 40,000 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures aggregating Rs 4000 crore on private placement basis," ICICI Bank said in a regulatory filing to stock exchanges.
The looming Fed meeting has helped push gold down nearly 4 percent from a 1-1/2-year high in January.
According to Angel Commodities, expect gold prices to trade higher as string of uncertain events right from falling support for Japanese Prime Minister Shinzo Abe’s cabinet to unceremonious exits from Trump administration will boost safe haven demand.
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"At present, there is no proposal to review the gold import policy," Minister of State for Commerce and Industry C R Chaudhary said in a written reply to the Lok Sabha.
It is not clear at this stage if the government will allow the three spot exchanges to function as separate divisions of the same entity, or if they will have to function as individual subsidiaries.
Buying season is coming back to India due to upcoming Akshay Tritiya and the ongoing wedding season.
For intraday we can expect more selling on some bounce near 30,300 where traders can short for the session.
To ensure that all schemes launched by mutual funds are distinct in terms of asset allocation and investment strategy, SEBI proposed categorisation and rationalisation of mutual fund schemes.
A debt fund carries low risk in comparison to the equity oriented mutual fund, but they are not totally risk free as many people think.
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A term policy can help your family get financial support after your death. Term policy provides pure insurance cover with no investment benefits.
Watch the interview of Hemant Rustagi Wiseinvest Advisors and Jiju Vidyadharan Senior Director, CRISIL Research with Surabhi Upadhyay on CNBC-TV18, in which they shared their views on impact of rising bond yields on debt funds and the best approach to investing in fixed income now.
Instead of increasing an EMI amount to pay off the housing loan quickly, the same amount can be parked in any equity mutual fund in an SIP.
The whole point of investing is not to earn more money than average, but to earn enough money to meet your own needs.