Hey everyone! Today, I want to talk about something that may sound a bit unusual to most of you, especially if you’re in India – Premium Bonds. If you’ve been following financial news globally, you may have heard about Premium Bonds in the UK. But do these bonds work the same way here in India?…
Yesterday I read this latest news about a groundbreaking discovery in China’s Hunan Province. It has made the whole financial world buzzing. A discovery has been made at the Wangu gold field in Pingjiang County. It has revealed one of the largest gold deposits in history. It is estimated that over 1,000 tonnes of gold…
The world of cryptocurrencies always remains volatile and super dynamic. In this space, the Ripple’s XRP is trying to find its feet in presence of other cryptos like Bitcoin and Ethereum. Ripply XRP has a technological prowess and hence, experts say, it has potential to disrupt traditional banking systems. XRP’s journey has been marked by…
The world of cryptocurrency and blockchain often sees rapid shifts. The latest move comes from Kraken, one of the largest cryptocurrency exchanges, which has decided to shut down its non-fungible token (NFT) marketplace. This decision, effective February 2025, is a strategic move to reallocate resources to new projects. Let’s break this down, understand its relevance…
This article is for the Gold enthusiasts. Over the past year, the price of this timeless precious metal has skyrocketed by about 15.8%. Surprisingly, both gold and the stock market (Nifty 24%) have done well in this period. This rise has left many investors scratching their heads. A few people are wondering what’s fueling the…
Gold has long been a symbol of wealth and prosperity in India, and its allure as an investment transcends generations. The price of gold is subject to a myriad of domestic and international factors, making it a complex and dynamic commodity to analyze. In this article, we will delve into the key drivers that affect…
There are five ways to invest in gold whose returns are comparable, Gold Mutual Funds, Gold ETFs, Gold Coins/Bars, Digital Gold, and Sovereign Gold Bonds (SGBs). I have not considered gold jewelry because high making charges keep their potential returns too low for comparison. In this article, we’ll know which is the best way to…
The purpose of the article “Why You Should Avoid Investing in Gold During a Gold Rush” is to warn readers about the potential risks and downsides of investing in gold during a gold rush. I’ll emphasize that, although gold may seem like a safe investment, investing during a gold rush can be risky. This is…
The purpose of this blog is to explain the basics of RBI’s CBDC. It is an RBI-issued alternative form of Indian currency. Presently, the Indian Rupee is available in two forms, physical cash and digital money in bank accounts. CBDC will also be a digitized and more cryptographed form of digital money. It will be…
When the gold price goes up, the index underperforms. The gold price vs stock market has a correlation? Yes, there is a negative correlation. In this context, gold is often referred to as a safe haven for investors. But when we refer to gold as ‘SAFE’ we are talking about safety with respect to what?…
What prompted people towards gold investment? There was a time When the gold standard was used to value currencies. Every paper currency issued had a value directly linked to gold. But in the 1970s, the US decided to shift from Gold Standard to Fiat Money. Thereon, gold became more of an investment vehicle than a…
In India we have an investment option called “Post Office Monthly Income Scheme (MIS)”. Among other investment options, PO-MIS can also be considered suitable for investment by retired people. But PO-MIS is not limited for retired people alone. Anyone with age above 18 years can open a PO-MIS account. An account can be open even…
