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Gold is India’s most wanted investment as well as inheritance. Gold is bought in 3 ways- physical form like a coin, bullion or jewellery, as paper gold like gold exchange-traded funds, gold funds or sovereign gold bonds and in the digital form. Many banks and mobile wallets like Paytm and Phone Pe offer digital gold. […]
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Indians love splurging on gold. As a country, India is the largest importer of gold, with 800-900 tonne of gold imported every year, accounting for 25% of the global demand. The yellow metal is popular for many reasons. It not only provides capital appreciation and liquidity, but has also proved to be an excellent hedge during […]
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Even with gold trading at Rs 56,200 per 10 grammes on Friday, it is still not too late to join the gold rush party, says Prathamesh Mallya, AVP Research, Non-Agri Commodities & Currencies, Angel Broking. 100% Returns in 5 Years An investor who bought gold on January 1, 2016, at Rs 25,042 would have doubled […]
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The government has trashed a media report which stated that KYC will be required for any purchase of gold and silver. The government has reiterated that jewellery purchases of above Rs 10 lakh only need to furnish KYC. New Gold Policy The government has reportedly been planning to introduce a gold policy to develop it […]