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Indians buy electronic gold despite volatile price

Indians buy electronic gold despite volatile price 0

🕔13:08, 10.Sep 2020

AMFI chief executive NS Venkatesh said, “Gold investment is continuing to be seen as a haven for investors. Chennai: Investments in Gold exchange-traded fund (ETF) remained in positive territory with net inflows at Rs 908 crore in August, despite volatility

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How a loan rejection created a $300-million gold-loan startup

How a loan rejection created a $300-million gold-loan startup 0

🕔15:10, 7.Sep 2020

Rupeek now disburses Rs 250 crore a month from Rs 20 crore a year and a half ago. CEO Sumit Maniyar now has a target of Rs 1,000 crore a month in less than a year. The Bengaluru-based firm, worth

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World Gold Council Launches Retail Gold Investment Principles

World Gold Council Launches Retail Gold Investment Principles 0 Updated

🕔13:08, 7.Aug 2020

The World Gold Council, the market development organisation for the gold industry, has today launched its new Retail Gold Investment Principles (RGIPs).These Principles are designed to set the bar for product providers across the global retail gold market and further

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Gold prices jump to Rs 53,650 per 10 gm, silver trending at Rs 65,400 a kg

Gold prices jump to Rs 53,650 per 10 gm, silver trending at Rs 65,400 a kg 0 Updated

🕔12:27, 4.Aug 2020

Gold prices jumped on Tuesday to Rs 53,650 from Rs 53,460 per 10 gram, while silver climbed to Rs 65,400 from Rs 65,120 per kilogram, according to Good Returns website. Gold jewellery prices vary across India, the second-largest consumer of

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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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