Mark Mobius, Chairman, Mobius Emerging Opportunities Fund, says in equities, they would be investing at least 20-30% in India, 20-30% in Taiwan, maybe 10% in China, 10% in Korea, and then the rest scattered around Vietnam, Thailand, Indonesia, Malaysia, Turkey, and a little bit in Brazil. The US is there, but it is reflected in … Read more
Sovereign Gold Bonds are one of the most sought-after gold investments available at present. The Sovereign Gold Bonds (SGB) are government securities denominated in grams of gold, offering an alternative mode of investment to physical gold. The government-backed gold bonds were initially issued by the Reserve Bank of India on behalf of the government. However, … Read more
Should I invest in gold looking at current market conditions, geopolitical tensions? What are your expectations for 2024 at least?Name withheld. Reply by Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited Given the current global economic climate, Investing in gold can be a strategic move. With rising inflation and economic uncertainties, gold serves as a safe-haven … 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
When it comes to investing, the time horizon is crucial for determining potential returns. For those examining a 15-year period, understanding which asset class has historically provided the highest returns can be enlightening. Contrary to popular belief, Indian equities do not lead the pack for this specific time frame. According to the FundsIndia Wealth Conversation … Read more
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
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
The Reserve Bank of India (RBI) recently announced two tranches of the Sovereign Gold Bonds (SGB) scheme 2023-24. The SGB 2023-24 Series III will be open for subscription from December 18-22. The date of issuance for this SGB tranche is December 28. The second tranche of the Sovereign Gold Bonds scheme will be open for … Read more
Many festivals in India are considered auspicious to buy Gold, and Dhanteras is among the favourites. In India, people invest in Gold for long-term gains. That is why Indian households have the highest reserves of Gold, roughly 21000 tonnes. Gold is very close to Indian’s hearts and is a more sentimental investment than a speculative … Read more
As the global economic landscape continues to evolve, investors are keeping a keen eye on the prospects of various assets. Gold, often regarded as a safe-haven investment, has been a topic of interest, and its future appears increasingly promising. The main reason behind this optimistic outlook is the anticipated monetary policy easing expected to take … Read more