Spot gold was up 0.7% at $4,009.39 per ounce, as of 0141 GMT, after dropping more than 3% on Monday to its lowest level since October 10.
Industry leaders discussed how technology is transforming India's mutual fund landscape, enhancing accessibility, trust, and efficiency through digital platforms and AI-powered solutions.
Gold, being a non-yielding asset, typically performs well in a low-interest rate environment.
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Retail demand weakened as consumers anticipated lower prices, though jewellers expect that any dip could revive festival-buying interest as the wedding season gathers pace
Move likely to spark debate on its merit within the industry
Domestic gold prices were trading around Rs 122,700 per 10 grams on Friday after hitting a record high of Rs 132,294 last week
Pantomath Group’s mutual fund arm achieves Rs 2,000 crore milestone in first active NFO launch, reflecting strong retail participation.
Since the start of the current fiscal year, the central bank has been steadily boosting its gold reserves while gradually cutting back on its holdings of US Treasury securities
Gold schemes can help you save smartly but some precautions are called for
Scammers are increasingly using deepfakes, fake apps and other AI methods to deceive investors. Almost Rs 20,000 crore was lost to such frauds in 2024
Spot gold slipped to around $4,090 an ounce in early Asian trading on Thursday, reinforcing a technical reset
Prices are still up since the start of 2025. Gold sales often rise sharply amid wider economic uncertainty, as anxious investors seek a 'safe haven' for their money
MSCI’s Asia equity benchmark retreated further from its record close earlier this week, with Japanese shares leading the decline
Gold is fantastic during times of economic turmoil, but what happens when the world begins to stabilise?
Spot gold fell as much as 6.3% to $4,082.03 an ounce, while spot silver fell as much as 8.7% to $47.89 an ounce
This year, the market had all the plot twists of a Bollywood saga — minus the happy ending. The broader NSE 500 delivered practically nothing, while the Nifty 50 delivered a 4% return over the past year. Now the big question — are we set for a reversal this year? At Moneycontrol, we spoke to a whole bunch of market veterans and here are some of the key takeaways.
These booms are connected, but not in the way you may have heard
The question of redemption of these bonds is crucial for TIL, because if the company fails to redeem, it could see interest rate on the instruments rise from 9.1 percent to 12.1 percent - a steep three-percentage-point markup - significantly raising its financing costs and straining cash flows.
India's festive season boosts economic activity, driven by investor psychology and behavioral biases like optimism, herd behavior, mental accounting, and FOMO, influencing consumer and investment decisions.
Indian investors are diversifying beyond residential real estate, exploring commercial properties, REITs, and alternative investment funds for liquidity, income, and growth, reducing dependence on traditional assets.
For money managers in emerging markets, gold’s surge is giving them another reason to stay bullish.
Gold is a valuable addition to portfolios, offering stability and protection against inflation and market volatility, with modern options like ETFs and FoFs providing easy and cost-effective investment.
Gold has long been a preferred choice for securing future milestones, but it comes with both benefits and limitations.
It's important to compare purity and prices across platforms to get the best deal