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Indian households own nearly 22,000 tonnes of gold

Indian households own nearly 22,000 tonnes of gold 0

🕔10:54, 30.Jul 2020

A key challenge is to offer suitable incentives to Indian households that invest in gold which is a dead asset, says Ashutosh Bishnoi, MD & CEO, Mahindra Mutual Fund Our company’s goal is to become the most deeply penetrated AMC

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Jewellery industry expects consumer gold demand to struggle on surging prices

Jewellery industry expects consumer gold demand to struggle on surging prices 0

🕔10:44, 30.Jul 2020

Gold prices have been ruling at unprecedented highs in India and global bullion markets as investors are preferring safe haven assets amid economic uncertainty triggered by the COVID-19 pandemic. MUMBAI: The jewellery industry is expecting the consumer demand for gold to falter further amid

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Gold should be looked as portfolio diversifier, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber

Gold should be looked as portfolio diversifier, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber 0 Updated

🕔11:18, 24.Jul 2020

Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19  will continue to reinforce the role of gold as a strategic asset,said eminent experts in

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Gold pips $1,800, first time since 2011

Gold pips $1,800, first time since 2011 0 Updated

🕔12:18, 9.Jul 2020

Gold prices on Wednesday breached the $1,800-an-ounce barrier for the first time since 2011 as investors opted for the safe-haven commodity amid mounting fears of rising coronavirus cases. Spot gold jumped 1 per cent to $1,811.55 per ounce by 1512GMT.

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Sovereign Gold Bond to open for subscription today, issue price fixed at Rs 4,852 per gm

Sovereign Gold Bond to open for subscription today, issue price fixed at Rs 4,852 per gm 0

🕔14:41, 6.Jul 2020

The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10. The fourth instalment of the Sovereign Gold Bond (SGB) scheme, issued by the Reserve Bank of India (RBI) on

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Why gold prices are rising despite weak demand at jewellery shops

Why gold prices are rising despite weak demand at jewellery shops 0

🕔12:06, 6.Jul 2020

Western investors piling into gold in the pandemic are more than making up for a collapse in demand for physical metal from traditional retail buyers in China and India, helping push prices to an eight-year high. Inflows into exchange-traded funds

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5 best options to invest in gold in times of Covid-19

5 best options to invest in gold in times of Covid-19 0 Updated

🕔12:01, 4.Jul 2020

With contracting global output, global economies in a deeper recession than anticipated, and dearth of good returns in many other asset classes, gold has emerged as a safe bet for investors across the globe. With contracting global output, global economies

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The world’s first gold-backed digital gold currency launched in the Gulf Cooperation Council, Middle East and Africa

The world’s first gold-backed digital gold currency launched in the Gulf Cooperation Council, Middle East and Africa 0

🕔13:22, 29.Jun 2020

Dubai, United Arab Emirates (UAE) – IBMC Financial Professionals Group, an internationally recognized financial services institution and business consultants, has joined hands with US Gold Currency Inc and Blockfills to bring the world’s first monetary gold-backed digital gold currency to the Gulf

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Malabar extends gold rate protection scheme until September 30

Malabar extends gold rate protection scheme until September 30 0 Updated

🕔16:43, 27.Jun 2020

Gold’s been on a high, which is why the jewellery retailer Malabar Gold & Diamonds has extended its price lock-in offer. Dubai: Malabar Gold & Diamonds is continuing with its Gold Rate Protection Scheme, where shoppers get an opportunity to

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Gold rally is here to stay, can surge up to Rs 68,000 in 2 years

Gold rally is here to stay, can surge up to Rs 68,000 in 2 years 0 Updated

🕔12:17, 26.Jun 2020

Amid gloomy economic outlook and continued uncertainty, if there is one asset class that looks likely to flourish, it is gold. With domestic prices at record highs, analysts see the uptrend continuing for the yellow metal. On MCXNSE 0.26 %,

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