February 4, 2025
Tangible Assets

2025: The Golden Year for Precious Metals

The precious metals market is poised for extraordinary growth in 2025, making it a pivotal year for investors. The perfect storm of rising inflation, geopolitical instability, and increased industrial reliance on precious metals like gold and silver offers a unique opportunity. The projected Golden Year for Precious Metals for 2025 underscores the importance of working

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Tangible Assets

Gold prices soar to 11-week high amid Trump jitters, dollar dip

Image credit: Getty Images Gold prices hit an over 11-week peak on Wednesday, not far from an all-time peak touched last year, boosted by safe haven demand stemming from uncertainty surrounding US President Donald Trump’s trade policies and a softer dollar. Spot gold added 0.3 per cent to $2,751.89 per ounce, after hitting its highest since November

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Tangible Assets

Precious metal prices: Gold, silver prices fall tracking international rate movement; gold 1% away from record high

Precious metal prices (January 17, 2024): Gold prices in Friday’s session traded with a cut tracking losses in the international markets. At around 10:36 am, gold February futures were down 0.23 per cent or Rs 186 at Rs 79,040 per 10 gm. Meanwhile, silver March futures were down 0.56 per cent or Rs 520 at

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Gold Investing

Current price of gold: Aug. 29, 2024

The price of gold was trading at $2,509.82 per ounce as of 9 a.m. Eastern time today. That’s a -0.01% change from the same time yesterday and a +29.22% increase from one year ago.  Gold price per ounce % Change Price of gold yesterday $2,510.08 -0.01% Price of gold 1 month ago $2,393.59 +4.86% Price

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Gold Investing

Current price of gold: Aug. 28, 2024

The price of gold was trading at $2,500.09 per ounce as of 9 a.m. Eastern time today. That’s a -0.26% change from yesterday and an over +22.51% from a year ago.  Gold price per ounce % Change Price of gold yesterday $2,506.61 -0.26% Price of gold 1 month ago $2,395.72 +4.17% Price of gold 1

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Operating Assets

How will gold investments be taxed now? Which is the most tax-efficient? | Personal Finance

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

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Gold Investing

Current price of gold: Aug. 27, 2024

The price of gold was trading at $2,510.18 per ounce as of 9 a.m. Eastern time today. That’s a -0.61% change from yesterday and an over +24.52% from a year ago.  Gold price per ounce % Change Price of gold yesterday $2,525.58 -0.61% Price of gold 1 month ago $2,397.00 +4.51% Price of gold 1

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Gold Investing

Current price of gold: Aug. 26, 2024

The price of gold was trading at $2,522.54 per ounce as of 9 a.m. Eastern time today. That’s a +0.4% change from yesterday and an over +23.88% from a year ago.  Gold price per ounce % Change Price of gold yesterday $2,512.33 +0.4% Price of gold 1 month ago $2,379.06 +5.69% Price of gold 1

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Gold Investing

Gold prices rise amid US Fed rate cut speculation: What should investors do

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.

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Tangible Assets

gold prices: Central banks will continue to be buyers of precious metal: Juerg Kiener

“So, what we have now is actually still a lot of outstanding contracts which cannot deliver or they cannot deliver the right place and the first part which I made that gold is money under Basel III, it has as well a currency ticker,” says Juerg Kiener, MD & CEO, Swiss Asia Capital. Help us

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