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
Gold prices edged lower on Monday (February 24) as investors booked profits following last week’s record highs. Market participants are now awaiting key US inflation data to gauge the Federal Reserve’s next move on interest rates. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund
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
Gold prices surged on Monday (February 17) as the US dollar weakened. Investors are closely monitoring President Donald Trump’s proposed tariffs, which could heighten global trade tensions. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty
Last Updated:January 26, 2025, 10:25 IST If you’re thinking about investing in gold, it’s important to pick the way that works best for your financial needs and goals, like SGBs, digital gold and ETFs. Check ways to expand your portfolio with gold. Gold remains one of the most popular investment options. It has been a
Popular investor Jim Rogers, 81, has challenged the notion that storing gold in lockers is a waste of capital, in an interview with NDTV Profits. The chairman of Beeland Interests and co-founder of Quantum Fund emphasised the psychological and financial security that precious metals can provide during economic downturns. When the interviewer suggested that keeping
Gold prices surged 18 per cent year-on-year (Y-o-Y) in the June quarter to $2,338.2 an ounce (oz), reaching a record of $2,427/oz. They were up nearly 13 per cent compared with the December 2023 quarter. India is the second-largest consumer of gold, after China. Indian households hold a whopping 25,000 tonnes of gold, according
3 min read Last Updated : Aug 26 2024 | 5:49 PM IST The Reserve Bank of India (RBI) has announced an early redemption for Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The redemption process will take place in two phases, starting from October 11, 2024, and extending to March
Gold prices surged by ₹331 to ₹72,108 per 10 grams in Monday’s trading session as fresh positions were built by speculators amid strong demand in the spot market. On the Multi Commodity Exchange (MCX), October gold contracts saw a 0.46% rise. This reflects growing interest in the precious metal, with a turnover of 16,860 lots.
Gold prices have cooled from recent record highs as investors anticipate the Federal Reserve’s next move. On Wednesday (August 21), spot gold traded slightly higher at $2,517.08 per ounce, following an all-time peak of $2,531.60 on Tuesday. US gold futures also saw a modest increase, rising 0.2% to $2,554.90, according to news agency Reuters. Gold