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
Gold prices edged higher on Tuesday, steered by bets that the U.S. Federal Reserve would cut interest rates later this year and safe-haven demand for bullion as Gaza ceasefire remains uncertain. Spot gold was up 0.1% at $2,324.75 per ounce, after rising more than 1% in the previous session. As we approach Akshaya Tritiya a … Read more
Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … 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
Dr C Vinod Hayagriv, Managing Director, C Krishniah Chetty Group Of Jewellers Wondering how to buy gold and fashion jewellery this festive season? Jewellery purchases are now soaring, jewellery designers are on their toes with the uptick in demand and most of the purchases are happening online or through social media platforms! Be it Holi, … Read more
Wondering how to buy jewellery smartly this festive season! Notably, there’s a method on how to buy jewellery smartly and the festive season is a good place to start when you want to consider gifting options as well. Remember, there’s a huge shift in the jewellery business with the rise of digital payments, as opposed … Read more
The trends that are emerging in the domestic market are signalling that there could be an explosion in demand for diamond jewellery. By Sachin Jain For several generations now, in India, diamonds have been used as a symbol of ultimate sophistication, to add a spark to a precious memory, to celebrate an achievement. In the … Read more
MUMBAI/BENGALURU: Physical gold dealers in India this week offered the highest discounts in more than one and a half months, as buyers stayed away even as more bullion flowed in from the United Arab Emirates. On Friday, gold futures in India, traditionally the world’s second biggest gold consumer after China, were trading around 51,800 rupees … Read more