
Gold jewellery demand in India to jump 11% in FY23: ICRA
Driven by the Akshaya Tritiya season, the jewellery industry is expected to witness a 45% year-on-year growth in the first quarter of FY23.
Driven by the Akshaya Tritiya season, the jewellery industry is expected to witness a 45% year-on-year growth in the first quarter of FY23.
Shares of Kalyan Jewellers surged after the company unveiled plan to raise up to $200 million via U.S. dollar-denominated notes to refinance its debt.
Gold price has rallied to its one-year high, breaching the ₹51,000 per 10 grams mark in February.
A host of new-age instruments can come in handy for generating inflation-beating returns. Here are the pros and cons of each of these options.
RBI mopped up 77.5 metric tonnes of gold in 2021, its second highest ever after 2009 when it bought 200 metric tonnes from the International Monetary Fund.
Retail industry experts point out that the Budget ignored the long pending demand of the gold industry to reduce customs duty to curb its smuggling.
The Bridgewater Associates founder believes Fed rate hikes won’t be enough to make cash or bonds attractive.
If a portfolio is made up of various asset classes, the negative development in one asset class will not adversely impact the overall portfolio return.
Cryptocurrencies may be an exciting future prospect, but gold is liquid with a robust trading and settlement infrastructure.
Investing in precious metals can hedge your portfolio as world markets go on a roller-coaster ride due to Covid-19.