gold futures

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

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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

With 20% return, gold outshines Sensex since last Dhanteras. Is yellow metal the safest sparkler?

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With 20% return, gold outshines Sensex since last Dhanteras. Is yellow metal the safest sparkler?

As India celebrates Dhanteras today, gold investors would be sitting on near 20% returns accrued by the yellow metal since last Dhanteras. As an asset class, yellow metal has outperformed its equity market peers in Nifty and the BSE Sensex during this period. Gold’s returns are neary two-fold in comparison to Nifty and Sensex which … Read more

Gold inches higher, but faces worst month in seven

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Gold inches higher, but faces worst month in seven

April 29 : Gold prices edged higher on Friday as lower U.S Treasury yields outweighed pressure from an elevated dollar, but bullion was still headed for its biggest monthly drop since September on fears of aggressive interest rate hikes by the Federal Reserve. FUNDAMENTALS * Spot gold was up 0.1% at $1,897.01 per ounce, as … Read more

Gold flat as higher US yields counter safe-haven bids

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Gold flat as higher US yields counter safe-haven bids

Feb 23: Gold was flat on Wednesday, holding near a nine-month high hit in the last session, as safe-haven demand was offset by a rise in Treasury yields following the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine. FUNDAMENTALS * Spot gold was little changed at $1,898.63 per … Read more