Gold prices spurted by Rs 440 to Rs 79,390 per 10 grams on Wednesday driven by fresh buying by stockists, beginning the New Year on a strong note. The precious metal had traded at Rs 78,950 per 10 grams on Tuesday. Gold of 99.5 per cent purity appreciated Rs 440 to Rs 78,840 per 10 … Read more
With Sovereign Gold Bonds (SGBs) maturities approaching, investors should consider their options carefully. Whether to reinvest in new SGBs, explore other gold investments, or diversify into different asset classes depends on their individual financial goals and risk tolerance. Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, in an interview with BT Money Today discussed the potential impact … Read more
Spot gold closed with a gain of nearly 0.1% in the week ending January 27. With US Q4 advance GDP, durable goods orders, weekly jobless claims, pending home sales, and preliminary S&P global US manufacturing and services PMI data for January coming in better than forecast, chances of soft landing of the US economy have … Read more