Investors can consider MCX Futures and Gold ETFs as viable alternatives to SGBs: Kaynat Chainwala of Kotak Securities

Investors can consider MCX Futures and Gold ETFs as viable alternatives to SGBs: Kaynat Chainwala of Kotak Securities

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

Raksha Bandhan 2024: List of financial gifts for your brothers, sisters for a sound future. Top 7 points

Raksha Bandhan 2024: List of financial gifts for your brothers, sisters for a sound future. Top 7 points

Raksha Bandhan is the most auspicious and most celebrated brother-sister festival in India. This year, Rakhi will be celebrated on August 19, 2024. Though traditional gifts like cash, clothes and jewellery are the favourite gift choices for sisters, many financial experts feel that gifting investment tools, such as fixed deposits, mutual funds, and others, can … Read more

Akshaya Tritiya 2024: Gold ETFs, Sovereign Gold Bonds, physical gold, or gold stocks. What should be your pick this year?

Akshaya Tritiya 2024: Gold ETFs, Sovereign Gold Bonds, physical gold, or gold stocks. What should be your pick this year?

Today is Akshaya Tritiya or Akha Teej, which is one of the many auspicious days for buying valuable assets, such as gold, diamonds, vehicles, and others. The festival, just like Dhanteras during Diwali, is said to bring in good luck, success and prosperity if investments are made in certain assets. Buying gold on Akshaya Tritiya … Read more

Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

There is no doubt that investment in gold has never faded away despite the good performance of other asset classes. Since February, gold has demonstrated a remarkable yield of approximately 17 per cent. Correspondingly, the commodity’s value has reached unprecedented levels daily in both domestic and global markets, despite an ascent in US Treasury yields. … Read more

Learn with ETMarkets: Reading price patterns in gold, silver via head & shoulders, double tops and bottoms

Learn with ETMarkets: Reading price patterns in gold, silver via head & shoulders, double tops and bottoms

In the realm of MCX Gold and Silver trading, understanding price patterns is crucial for informed decision-making. Three prominent patterns — heads & shoulders, double tops and double bottoms — offer valuable insights into potential price movements, aiding traders in navigating the dynamic precious metals market. Head & ShouldersThe head & shoulders pattern typically signals … Read more

Sovereign Gold Bond 2023-24 tranche III: Here's how SGBs are taxed

Sovereign Gold Bond 2023-24 tranche III: Here's how SGBs are taxed

The Centre has recently launched the third series of Sovereign Gold Bonds (SGBs), which is pitched as a lucrative alternative to buying physical gold, for this financial year. The Sovereign Gold Bond Series 2023-24 Series III subscription period opened on December 18 and will close on December 22, 2023. Therefore, the date of issuance in … Read more

Learn with ETMarkets: Why ETFs offer silver lining amid global uncertainty, inflation

Learn with ETMarkets: Why ETFs offer silver lining amid global uncertainty, inflation

Silver ETF has recently been added as an investment option after strong success seen in Gold ETFs. Currently, the Silver ETF has been doing well as silver underlying has given a good upside since hitting the low of August 2022. The price is up by more than 40% in domestic markets. And the upcoming trend … Read more