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
After a powering ascent that ended in reclaiming the coveted peak of Rs 73,000, gold is now pulling downwards. This reversal of fortunes begs a critical question: With the luster of gold seemingly fading, is it still a prudent investment for individuals investing in safe-heaven? Apart from its sentimental value, it is also a preferred … Read more
Gold prices at the MCX on Tuesday was at Rs 71,300 per 10 grams, hitting an intraday low of Rs 70,893. In the international market, prices hovered around $2,314.71 per ounce. Silver was at Rs 81,950 per kg, reaching an intraday low of Rs 81,057 on the MCX. In the international market, the price hovered … Read more