Latest Updates Around The World
Precious metals are likely to continue to see support in the coming months, driven by strong central bank demand, shifts in US monetary policy and supply constraints, said Nilesh Shah, managing director of Kotak AMC. “…for precious metals, there is central bank demand for gold and industrial equipment, plus potential central bank demand for silver. […]
Gold and silver prices opened slightly lower on Thursday, with futures of gold on the MCX trading at Rs 1,22,700 per 10 grams and silver at Rs 1,48,423 per kilogram. The small pullback comes amid global volatility and profit booking, following the bullion’s strong rally to record highs earlier this week. Despite the dip, both […]
While investors are on the hunt for multibaggers in the stock market, gold has quietly reshaped investor portfolios for those who own it for the long term. India’s oldest gold ETF, Nippon India ETF Gold BeES, has delivered an astonishing 950% return since its inception in July 2007, taking an investment of Rs 10 lakh […]
Amid a surge in gold prices, which continued its upward trajectory on Wednesday, hitting an all-time high of Rs 1,22,780 per 10 gram on the Multi Commodity Exchange (MCX) and surpassing $4,000 per ounce internationally, Rich dad, poor dad author Robert Kiyosaki reiterated his bullish stance on precious metals and digital assets. “Add to my […]
Global markets keep a close eye on Japan this week while the election of Sanae Takaichi, the first female prime minister of the country, reforms the sentiment of investors. The yen tumbled sharply against the dollar, while Japanese shares rose to new highlights on expectations of policy shifts under its leadership. “Yes indeed,” said Peter […]
Mumbai: rising gold prices have not deterred the central banks to buy the precious metal while resuming shopping in August, thereby maintaining the recent trend of diversification of the foreign regaves outside the American debts. Worldwide central banks added a net 15 tons of gold reserves in August, compiled by the World Gold Council using […]
The gold prices climbed on Tuesday RS 500 to touch a lifelong height of RS 1.20 Lakh per 10 grams in national capital due to a weak dollar and expectations of further tariff reductions by the American Federal Reserve. According to the All India Sarafa Association, the Yellow Metal RS 1500 had collected to close […]
Shares of Titan Company can rise to 26.5% of the current level, according to the international broker Nomura, who has initiated coverage on the shares with a ‘buy’ rating and a target price of RS 4,275 per share. Nomura believes that Titan is well placed to take advantage of the rapid growth in India’s prosperous […]
Golden October -Futures opened at RS 1.12,600 per 10 grams, a decrease only RS 29 or 0.03% in early trade on Friday. The near-Flat movement indicates cautious positioning, because investors are waiting for important global economic data and follow the demand for safe haven for precious metal. Silver December Futures contracts to MCX are open […]
Gold and silver prices fell from their record high in the National Capital on Wednesday, because traders made a profit at increased levels after the chairman of the American chairman Jerome Powell the cautious tone in interest rates. According to the All India Sarafa Association, the yellow metal of 99.9 percent purity RS 900 has […]
