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Gold loans act as a saviour for many in need of money, especially for those who do not have a stable job or a muted credit score
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"Gold prices witnessed selling on stronger dollar," said Tapan Patel, HDFC Securities, Senior Analyst (Commodities).
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Gold has historically been a great long-term investment for Indians. Since 1964, the price of gold for 1 gramme in India has increased from Rs 6 to over Rs 4,500. That’s a return of over 12% per year over 50 years for Indians who have bought gold as an investment over the years. If you […]
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Indians mostly prefer buying physical gold, but over the years there’s been a prominent shift in consumer habit
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Tirumala Tirupati Devasthanam holds almost 9000 kg gold while Vaishno Devi has received 1,800 kgs of gold in over two decades
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Increasing coronavirus cases globally and in the domestic markets are likely to increase demand for safe-haven assets like gold, say experts
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Decline in gold imports has helped in narrowing the country's trade deficit to $84.62 billion during the 11-month of the current fiscal, as against $151.37 billion a year ago
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The decline in gold imports has helped in narrowing the country's trade deficit to $84.62 billion during the 11-month of the current fiscal, as against $151.37 billion a year ago
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In the international market, gold was trading with gains at USD 1,741 per ounce and silver was flat at USD 26.12 per ounce
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"Spot gold prices for 24 carats in Delhi were up by Rs 105 reflecting overnight rally in global gold prices," said Tapan Patel, Senior Analyst (Commodities), HDFC Securities
