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…
Today, we’re discussing a significant move by the Reserve Bank of India – the transfer of 100 tonnes of gold from the Bank of England back to India. This marks one of the largest movements of gold by India since 1991. Why did this happen, and what does it signify for the country’s financial strategy?…
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…
A clever stock investor will not rely solely on the stock market for investment needs. Do you know how? Look no further! This article covers the top alternatives to direct stock investing, complete with the pros and cons for each option. From gold to real estate to cryptocurrencies, discover new ways to diversify your portfolio…
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…
We know how gold is an investment vehicle. But what is e-gold? All over the world the commodity market is dominated by precious metals like Gold and Silver. In India in year 2010, National Spot Exchange introduced E-Gold. The biggest benefit of E-Gold is that it allows investors to invest in gold with much lower…
