Latest Updates Around The World
According to Ajay Srivastava, Managing Director at Dimensions Corporate, continued selling from foreign investors, high valuations and policy-driven sectoral movements keep Indian equities risky despite the index’s resilience.Speaking to ET Now, Srivastava said foreign investors have sold nearly ₹2.74 lakh crore worth of Indian equities, a signal that domestic investors should not ignore. “If global […]
Gold prices fell on Wednesday, December 31, with MCX gold futures falling by Rs 1,140 or 0.8% from their previous close of Rs 1,36,666 to hit an intraday low of Rs 1,35,526. The decline followed a period of sharp volatility caused by heightened geopolitical tensions, which had pushed prices up significantly earlier this week.On the […]
Major U.S. stock indexes closed around record highs on Friday, little changed since the start of a quiet post-Christmas trading session, as expectations of Federal Reserve rate cuts and the appeal of safe-haven assets pushed precious metals prices to record highs. Holidays kept markets closed in Australia, Hong Kong and most of Europe, but those […]
Gold will replace the US dollar as a central bank reserve, ending its hegemony and leading to a dollar crash against fiat currencies, Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management, warned, urging investors to prepare for a “historic collapse”.“The reign of the King Dollar is coming to an end. Gold […]
In a week in which the price of silver has crossed the $75 per ounce mark, according to the well-known financial author of the book Rich dad, poor dadRobert Kiyosaki has taken to social media to share his thoughts on the burning question: is it too late to buy silver?The author of the best-selling book […]
Asian shares rose in thin trading on Friday after Japanese and South Korean shares rose, while many regional markets remained closed for holidays. Silver climbed to a record and gold neared its all-time high.The MSCI Asia Pacific Index continued its year-end rally, rising for the sixth day in a row. US stocks closed at a […]
However, that guide left out one important newcomer. Wealthsimple has since launched direct physical gold trading, and it came with a splash. The rollout included a promotional giveaway featuring a one-kilogram gold bar, 10 one-ounce coins and 50 one-tenth ounce coins for eligible customers who deposited money and completed a survey. The promotion ended on […]
After months of anticipation, silver futures on the Multi Commodity Exchange (MCX) surged past the psychological mark of Rs 2,00,000 on Friday, December 12, hitting an all-time high of Rs 2,01,615 for the March contract.The milestone has further fueled interest among investors and traders alike, raising questions about the sustainability of the rally and the […]
Gold and silver prices opened strongly on the domestic futures market on Monday. February gold futures traded at Rs 1,30,383 per 10 gram, up Rs 879 or 0.68%, while silver March futures rose to a fresh peak of Rs 1,78,620 per kg, gaining Rs 3,639 in early trade.The rally was driven by a weaker dollar, […]
Investments in silver exchange-traded products (ETPs) in India have registered a compound annual growth rate (CAGR) of 200 percent since their launch in 2022, according to a study by New York-based Silver Institute. Since 2022, assets have grown more than eighteen times as Indian investors have expanded their investment base with investor participation in the […]
