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
Rakhi 2024: Raksha Bandhan is a cherished Indian festival where sisters tie sacred ‘Rakhis’ around their brothers’ wrists. Brothers respond with various gifts, from cash and jewellery to smartphones and clothes. This year, elevate the tradition by choosing financial gifts that ensure your sister’s security and prosperity, offering more than just material items but a … Read more
Do you have a special affection for precious metals such as gold? If yes, then you do not necessarily have to invest in the physical gold only. You may even invest in their digital avatar as well. These include sovereign gold bonds (SGBs) and gold ETFs (exchange traded funds). It is vital to note that … Read more