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Many people are still unaware of the tax calculations on digital gold. Let us explain and give a solution to their confusion. Just like physical gold, digital gold is also taxed.
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Looking to invest in the golden metal? The government’s sovereign gold bond (SGB) scheme, which goes live next week, is just what you’re looking for. With two tranches of SGBs opening for subscription between June and September, here’s all you need to know about SGBs. What is the issue price of current series of SGBs […]
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According to the World Gold Council, central banks worldwide sold a net total of 71 tons of gold in April'23
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In the past year, central banks have been buyers of gold, but during April, 2023, when the price of gold mostly remained above $2,000, central banks worldwide became net sellers of gold
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According to World Gold Council, total gold ETF holdings as of 19th May stood at 3,483.7 tonnes.
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Gold price has recently touched a record high.... and for a long time the prices in the Indian market have remained around Rs 60,000 per 10 gramme
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From Akshya Tritya of 2003 to 2023, silver prices have jumped nearly 900%, gold has given a whopping 4-figure return of 1000% during the same period
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The best part is that the interest rates on gold loans are much lower than the personal loan interest rates. At present, many banks charge less than 9 percent interest on gold loans.
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During the recent few months the central bank of China, among all the central banks in the world, has emerged as the biggest buyer of gold
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During 2022, the Reserve Bank had purchased more than 33 tonnes of gold for its foreign exchange reserves... And this process of purchase continues in 2023 as well…