Investing in commodities may also act as a strong buffer against inflation, geopolitical crises, and economic cycles.
Rakesh Jhunjhunwala believes that the commodity supercycle has just started and it will stay for at least 6-7 years
World oil supply is expected to grow at a faster rate in 2022, with the US driving gains of 1.6 mb/d from producers outside the OPEC+ alliance.
Rakesh Jhunjhunwala has stakes in Tata Motors, Lupin, Escorts, Crisil, Rallis India and Federal Bank, among others
"Gold prices traded near a five-month high scaled last week, supported by a softer dollar"
Experts believe that gold has good legs remaining and could cross the Rs 50,000 mark and move much higher in the coming months
The average daily turnover (ADT) in commodity futures (including index futures) on the exchange decreased by 13% to Rs 31,823 crore in Q4 FY 2021 from
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright
The import in January-March quarter was at a record 321 tonnes, up 159% from 124 tonnes in the same period a year ago
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