Gold and silver prices in India are currently trading near record highs amid the Diwali festive season. The MCX gold rate has surged close to ₹80,000 per 10 grams, while silver prices are approximately ₹99,000 per kilogram, after briefly crossing the ₹1,00,000 mark earlier this month. Gold has delivered a substantial return of over 33.5% … Read more
If you plan to invest in digital gold this Diwali, remember that you have several options, including gold mutual funds, gold ETFs and gold bonds. With the government planning to discontinue gold bonds, investors can consider investing in gold ETFs and gold mutual funds. There are 17 gold exchange-traded funds (ETFs) with total assets under … Read more
If you want to make the most of the high interest rates that prevail in the current market, you may consider locking some of your savings into fixed deposits. Since equity markets are declining on foreign investors’ selling spree and Nifty50 is already 8 per cent down from its all-time high, parking your money in … Read more
NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option. Gold bought 10 years ago has yielded a compound annual growth rate (CAGR) of about 11%, whereas CAGR for the five-year period stands at 14.2%. During the five-year period, … Read more