First, the GST Council had approved the e-way bill for gold supply from one state to another. And now the government hikes import duty on gold
"Investors looking for higher returns must buy gold at current levels as we expect further price appreciation," said Anuj Gupta, commodity expert.
Experts say SEBI’s approval paves way for transparent price discovery, investment liquidity and ensuring quality of gold
Sales may decline 5% due to a Sebi ban on buying digital gold from stock brokers.
Sovereign Gold Bonds are substitutes for holding physical gold. The RBI issues these bonds on behalf of the government periodically.
The electronic form of gold has gained a lot of popularity among investors of late as it is a more affordable form of holding gold.
Experts advise borrowers to take gold loan if it is for funding short-term working capital needs and to cover up for a stretched payment cycle
While the near term trend may be subdued, we have advised investors to buy on dips as the long term outlook for gold remains bullish
Experts expect that gold may test $1,720-$1,730 levels and in the domestic market, it may test Rs 45,800 to Rs 46,000 levels
Experts advise investors to buy gold on declines as the long term outlook remains bullish