Gold prices ended 1.1% higher at Rs 79,362 on October 30: MCX Data
From last year, prices have climbed 30.58%, according to Moneycontrol analysis
India's gold imports jump 21.78% to $27 billion in April-September
An industry expert said that the ongoing festival demand is helping the increase in imports.
Special aircraft, high-level security: How RBI, Centre executed secret mission for gold's ghar wapsi
The Central bank holds a total of 855 tonnes of gold, out of which around 510.5 tonnes are held inside the country
Wedding gifts are tax-free, but be aware of capital gains tax rules, maintain records
There is no levy on wedding gifts but do bear in mind the nuances—if you have received these gifts well before or after the wedding, you need to be prepared with documents to handle queries, if any, from the income tax department.
Samvat 2081 with Prashant Jain: Current valuations explainable but don't pursue aggressive returns
In this Diwali special, Prashant Jain, CIO and founder, 3P Investment Managers discusses why defensive plays are the better bet, the new opportunities in consumption and why he sees opportunities for investing in the "high growth" pharma space.
Dhanteras 2024: Looking to buy gold coins? Here are smarter ways to invest
Buying gold coins from banks may not be a prudent decision because of inflated prices. The RBI rule stipulates that banks cannot buy back gold coins purchased from them. Instead, investors can consider buying alternative gold instruments such as gold ETFs, digital gold and sovereign gold bonds, investment advisors say.
Festive financial planning – How to incorporate gold into your portfolio
How to Use Gold in Your Portfolio: In India, there is a sentiment attached to gold that it never loses value and can be passed on to coming generations. Here's how to go about festival gold buying.
Wealth managers are recommending multi-asset funds amid volatility in equities
Multi-asset allocation mutual funds invest across the asset allocation spectrum of equity, debt, gold, silver, REITs, InvITs, derivatives, and international equities.
Asset managers roll out new ETFs to tap in to AI buzz
More than one-third of the two dozen ETFs that include artificial intelligence or AI in their name have been launched in 2024 alone, according to data from Morningstar
Investing for Samvat 2081 with Manish Chokani: Last year was heavenly, this year has external risks
In this Diwali special, Manish Chokhani, Director of Enam Holdings, discusses if small-and-mid cap space will see a resurgence, why disinvestment has been a disappointment and what India will need to do to attract FII funds.
Gold prices fall 0.48% on October 25, yellow metal at Rs 77,622: MCX data
Gold has been trading 23.01%, higher compared to the start of the year
Why timeless gold is timely now as a safe haven asset?
Gold price: Historically, when the US Federal Reserve has cut interest rates, it has often been followed by declines in the stock markets. If history repeats itself, with Fed pivoting now, it will prove beneficial to have gold in one’s portfolio to protect from the potential downturn in equities. Besides, central banks around the world have been buying gold too.
Meticulous planning behind Kerala GST's massive gold jewellery raids in Thrissur
The two-day-long massive searches were carried out by around 700 officials from the state's GST department
Adani Green energy may explore private placement route to finance bonds
Adani Green recently put off its $1.2-billion bond offering which aimed to replace loans taken for the solar and wind assets with 20-year bonds
Gold prices rise to peak of Rs 78,387 on October 23, up 0.61%: MCX Data
Prices are 29.97% higher, according to Moneycontrol analysis
New Asset Class: Distributors need training, certification to sell, say fund managers
Mutual fund managers say that since mutual fund distributors are unfamiliar with these complex products, they may need to pass new certification exams or undergo specialized training to sell them effectively.
Growth vs Value Investing: What metrics do you prioritize when evaluating growth vs. value stocks?
In this episode we will explore the two primary strategies: growth investing and value investing. Discover the key characteristics that set these approaches apart and learn how each strategy can fit into your overall investment plan. Join us as we break down the complexities of growth and value investing and help you find the best strategy for your unique situation.
Safe-haven gold hits record high on global uncertainties
Bullion has gained more than 33% this year and scaled multiple records, driven by global uncertainties and a looser monetary policy environment.
As equities turn volatile, gold posts its biggest gain in 45 years
So far this year, international gold prices have risen over 32.5 per cent, marking the highest increase since 1979, while silver has advanced 37.5 per cent. On the domestic front, MCX gold has climbed 23.6 per cent and MCX silver 32.9 per cent — their biggest gains since 2020.
Stocks stumble, dollar and gold rise as traders weigh US rates, election
The shifting expectations around how fast and deep the Federal Reserve will cut rates have also hurt risk sentiment, with traders now anticipating the U.S. central bank to be measured in its easing.
Gold ETFs see record volume on the exchanges YTD, almost double 2023 volumes
An absence of Sovereign Gold Bond issuances, the premium trading of SGBs in the exchanges, more investment from multi asset funds and attractive tax benefits are making gold ETFs more attractive.
Gold jewellery sales may rise 30% this festive season on attractive pricing: GJC
The demand for gold has also been supported by global market trends, particularly the increasing focus of central banks on gold reserves
Gold prices hover near record high amid rising global uncertainties
Reuters reported that spot gold rose 0.6 percent to $2,735.14 per ounce by 0658 GMT and US gold futures rose 0.4 percent to $2,749.3.
Gold prices were 0.78% higher at Rs 77,767 on October 21: MCX data
Gold prices have witnessed 23.24% increase since the start of 2024
