Anil Agarwal isn’t just watching the gold rally, he’s issuing a call to action. “We have seen it before,” the Vedanta chairman wrote on X. “Whenever there is great uncertainty in the global economy, the price of gold rises to record highs. As the safest investment, gold is going to shine. Forecasts expect it to … Read more
Gold in India has hit a surprising twist—it’s now cheaper than in popular gold-buying hubs like the United Arab Emirates, Qatar, Oman, and Singapore. As of November 16, 24K gold in India stands at Rs 75,650 per 10 grams, down by Rs 110 from the previous day. The 22K variant dipped to Rs 69,350 per … Read more
The 2024 Lok Sabha election results have sent ripples across the financial markets, with significant implications for various asset classes, including gold. Investors must understand if these changes can affect their investment portfolios. Gold prices, at present, on the MCX are hovering at Rs 72,000 per 10 grams. Gold, often viewed as a safe-haven asset, … Read more
Gold prices on the MCX hovered at Rs 72,011 per 10 grams on Thursday, hitting an intraday low of Rs 71,743. In the international market, prices maintained a similar trend, hovering around $2,338.45 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 95,800 per kg and … Read more
Gold prices on the MCX hovered at Rs 71,779,681 per 10 grams on Friday, hitting an intraday low of Rs 71,550. In the international market, prices maintained a similar trend, hovering around $2,337.84 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 90,562 per kg, hitting … Read more
Gold prices on the MCX hovered at Rs 72,681 per 10 grams on Wednesday, hitting an intraday low of Rs 72,111. In the international market, prices maintained a similar trend, hovering around $2,368.16 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 92,840 per kg and … Read more
Gold prices on the MCX hovered at Rs 71,050 per 10 grams on Thursday, hitting an intraday low of Rs 71,034. In the international market, prices maintained a similar trend, hovering around $2,318.44 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 83,119 per kg and … Read more
Gold prices on the MCX hovered around Rs 71,163 per 10 grams on Wednesday, hitting an intraday low of Rs 70,901. In the international market, prices maintained a similar trend, hovering around $2,308.97 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 82,878 per kg and … Read more
How much gold should you hold in your portfolio? Should it remain a conservative 5% or with gold prices on a roll, should the percentage be increased to 25-45%? According to the ASK Private Wealth report titled “Carpe Diem,” a portfolio with an asset allocation of 50:25:25 in Equities:Bonds:Gold has yielded a return of 13.4% … Read more
Gold prices at the MCX on Monday hovered at Rs 71,141 per 10 grams, hitting an intraday low of Rs 70,849. In the international market, prices hovered around $2,318.47 per ounce. Meanwhile, silver hovered at Rs 81,750 per kg, hitting an intraday low of Rs 81,603 on the MCX. In the international market, the price … Read more