December 22, 2024
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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Financial Assets

Sovereign Gold Bonds are hotter than ever. What’s moving them, buying options, risks, all the details

Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and attractive coupon rates.  With speculation over new issuances in the future, these listed bonds have seen increased demand. By mid-August 2024, the top 15 most liquid SGB series were closing 8% higher than

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