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

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

Gold rate today rise as investors see heavy demand on Dhanteras

Gold rate today rise as investors see heavy demand on Dhanteras

NEW DELHI: Gold and silver futures were steady in the morning trade on Thursday as investors anticipate heavy buying of the precious metals during Diwali that will push prices up in coming days. Meanwhile, major economies including the European Union continue to work on another stimulus package, lifting prospects of gold, which is a hedge … Read more

Gold prices today edge higher to Rs 50,400 defying weak global trend

Gold prices today edge higher to Rs 50,400 defying weak global trend

NEW DELHI: Gold and silver futures gained marginally in morning trade on Friday even as the yellow metal wallowed near one-month low in international markets amid firm US dollar. Meanwhile, President Donald Trump‘s chief economic adviser said on Thursday that any deal on coronavirus relief legislation would have to wait for now. Gold futures on … Read more

Gold rate today trade with negative bias as dollar spikes

Gold rate today trade with negative bias as dollar spikes

NEW DELHI: Gold and silver futures dipped in the opening trade on Thursday tracking trend in international market as dollar spiked on fear of rising Covid-19 cases in Europe and the US. French President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of … Read more

Gold prices today slip marginally but hold above Rs 50,500

Gold prices today slip marginally but hold above Rs 50,500

NEW DELHI: Gold and silver prices were trading mixed on Tuesday as improvement in Donald Trump’s health put pressure on bullion but a lingering economic crisis kept the mood upbeat. US President Donald Trump returned to the White House on Monday after a three-night hospital stay where he was being treated for COVID-19. Gold futures … Read more

Gold prices today slip further on strong dollar, US stimulus plans

Gold prices today slip further on strong dollar, US stimulus plans

NEW DELHI: Gold and silver prices continued their decline on Thursday, following the trend in the international market, as US lawmakers prepared to come out with a massive stimulus plan while the dollar continued to gain strength. As much as $380 billion from the US Congress’ last big coronavirus aid package is unused and could … Read more

Gold prices today slip to Rs 50,180 bucking global trend

Gold prices today slip to Rs 50,180 bucking global trend

NEW DELHI: Gold and silver prices slid further on Wednesday, bucking the trend in the international market, as US Fed officials indicated the rates could be raised earlier than outlined before. Chicago Fed President Charles Evans said the central bank still needed to discuss its new average inflation target but that it “could start raising … Read more