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If you’re planning to buy gold jewellery this festival season, it’s important to know you’re getting the real deal. With so many options out there, it can be tricky to ensure the purity of the gold you're purchasing. But don’t worry! Hallmarking is here to help.
Retail investors should insulate themselves from the noise and focus on adhering to their long-term financial and asset allocation plans. Gold will
Gold has been trading 19.19%, higher compared to the start of the year
The mostly useless yellow metal epitomizes an anxious state of mind. While there’s still plenty to worry about, most of it is now in the price
From last year, prices have climbed 30.31 percent, according to Moneycontrol analysis
Key changes include increasing the maximum number of nominees from three to ten, allowing nominees to act on behalf of incapacitated investors with appropriate risk mitigation checks and balances, and simplifying the transmission process to nominees with minimal documentation.
Spot gold was down 0.2% at $2,653.38 per ounce, as of 0404 GMT, owing to a rise in the U.S. dollar
Gold prices have witnessed 19.39 percent increase since the start of 2024
Assets in actively managed ETFs reached $1 trillion by August, driven by regulatory changes and innovation, despite representing only 7% of global ETFs, they accounted for 30% of total inflows.
Traders said increased buying by local jewellers to meet festive and wedding season demand and a firm trend in the overseas markets mainly lifted gold prices to this year’s highest level.
Gold has been trading 19.49%, higher compared to the start of the year
Several new financial rules will come into force from October 1. They include tax dispute resolution scheme, share buyback tax, HDFC Bank’s restrictions on its high-end Infinia credit card reward pointss, small saving account rules, and revised norms for existing insurance products, among others.
In the Indian market, gold recently traded at a peak of Rs 77,440 per 10 grams, while in the US, Comex gold hit a high of $2,694.90 per ounce on Wednesday night
Gold has been trading 18.90%, higher compared to the start of the year
From last year, prices have climbed 26.45 percent, according to Moneycontrol analysis
Zero-yield bullion tends to be a preferred investment in a low interest rate environment and during geopolitical turmoil.
Gold prices have witnessed 17.51 percent increase since the start of 2024
Spot gold was up 0.2% to $2,628.25 per ounce as of 0524 GMT, after hitting a record high of $2,630.93 earlier in the session. Non-yielding gold is up over 27% so far this year, heading for its biggest annual rise since 2010
Gold has been trading 16.82%, higher compared to the start of the year
Spot gold was up 1.3% at $2,620.26 per ounce by 11:55 a.m. ET (1555 GMT), while U.S. gold futures rose 1.2% to $2,645.90. Silver gained 1.4% to $31.21.
Fed chairman Jerome Powell delivered the large 50 bps rate cut, driven by the increased confidence that the US' long battle with inflation had come to an end.
Too much idle cash in your savings bank account limits your wealth creation. Use auto-sweep feature to park in fixed deposits. Else liquid and overnight mutual fund schemes offer better returns and just as much liquidity.
US Fed Interest Rate Cut: After more than four years, the US Fed has finally cut interest rates, raising hopes of a similar moved by the RBI. This is perhaps your last chance to invest in long-duration bonds to take advantage of the potential capital appreciation, as bond prices rise with falling yields
Now you can convert your mutual fund units to online form through a demat account. If you have invested with NSDL, you can convert them using an online or offline option, while CDSL still requires an offline process.
