US President Donald Trump’s sweeping reciprocal tariffs have created a stir in the global markets, impacting almost all asset classes. Equities slumped, bonds surged, and gold hit new highs. Investors’ concerns grew, and their direct impact is visible on the prices of gold. Investors scramble towards safe-haven assets like gold in times of uncertainty, and
Will the so-called Trump tariffs prove to be as bad for the economy and stock market as the Great Recession, the Covid-19 pandemic and the worst inflation in 40 years? First-quarter flows for the SPDR Gold Shares ETF (GLD) are signaling a “yes.” According to etf.com flows data, GLD took in nearly $6 billion in
According to Reserve Bank of India data, investors have encashed just around half a tonne out of SGBs against 14.7 tonnes eligible for premature redemption, at a time gold prices are close to record levels. Market experts said investors are reluctant to redeem these bonds since they believe that the prices will hit the ₹1
Given the current gold prices and the average consumption over the past five years, India is expected to consume gold worth approximately $70 billion in 2025. While concerns over the widening current account deficit (CAD) persist, they often overshadow the broader perspective. Gold continues to provide a buffer for Indian households during economic turbulence and
Goldman Sachs, BNP Paribas, Macquaire, ING, UBS, Citigroup and other such multinational investment banks and financial services companies have raised their price outlook for gold with the precious metal topped $3,000 an ounce during the weekend. After touching $3,000 briefly on Friday evening and dipping, the yellow metal hit the $3,000 mark again at 1640
What is a Physical Gold IRA? How do you open one? Find out the answers in the latest guide released by WireDaily.com AUSTIN, TX / ACCESS Newswire / March 12, 2025 / WireDaily.com is pleased to release its Physical Gold IRA Guide for 2025, designed to help investors understand the benefits, risks, and key considerations
Last Updated:March 08, 2025, 15:49 IST Aksha Kamboj of IBJA notes that Indian women see gold as a strategic investment due to better financial literacy. Financial education and supportive policies can empower women further. Aksha Kamboj, Vice President of Indian Bullion jewelers Association (IBJA) and Executive Chairperson of Aspect Global Ventures For generations, gold has
Last Updated:February 19, 2025, 07:00 IST In Union Budget 2024, Nirmala Sitharaman, the finance minister of India, announced that the long-term capital gains (LTCG) on gold ETFs would be taxed at a flat 12.5 per cent rate without indexation if held for just 12 months. Earlier, LTCG on gold ETFs were…Read More Gold ETFs aim
In the midst of global economic uncertainty and the potential for gold to outperform equity investments, the spotlight is on gold exchange-traded funds (ETFs). According to data from the Association of Mutual Funds in India (AMFI), net inflows in gold ETFs surged to Rs 3,751.4 crore in January 2025 from a nine-month low of Rs
3 min read Last Updated : Aug 14 2024 | 11:30 PM IST Investments in gold exchange-traded funds (ETFs) rose to Rs 1,337.4 crore in July 2024, the highest since February 2020. After experiencing an outflow of Rs 395.7 crore in April, gold ETFs saw inflows of Rs 2,890.9 crore between May and July.