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Gold is at a discount, what is the reason?

 New Delhi, March 15- Gold prices are soaring at a rapid pace, with demand falling, discounts are being offered,    Gold price What is the main reason for gold prices to increase? As gold prices in India have reached an all-time high, demand is falling. To compensate for this, gold importers are offering traders a discount of up to $39 per ounce, or Rs 3,400, the highest in eight months. The risk of a global trade war has increased due to US President Trump's tax policy. As a result, investors are increasing their investment in gold globally, and the price of gold is touching a new high. Due to the rise in prices, customers are reluctant to buy gold and are waiting for the price to fall. As a result, the gold trade has stagnated and the demand for jewelry has decreased significantly. Similarly, jewelers are also reluctant to buy gold . India's gold bullion imports fell by 85 percent in February, the lowest in 20 years. Yesterday, the price of a sovereign increased by Rs...

Zerodha launches silver ETF

New Delhi: Stock brokerage firm Zerodha's 'Zerodha Fund House' has launched a silver ETF scheme.    silver ETF Is silver ETF safe It has been informed that this fund will work according to the price of silver in the domestic market. Applications can be made for this scheme till the 18th. The minimum application limit has been set at Rs 1,000. It has been informed that silver has the potential to play an important role in investment and modern industry, and this ETF will provide a way to utilize its preciousness. Is it suitable to invest in dividend funds? An analysis of the benefits and limitations of dividend funds , which are one of the types of equity funds. There are many types of funds when it comes to mutual fund investment. Each type of fund has its own unique features, advantages and disadvantages. Therefore, investors need to choose the right funds for themselves. In that regard, it is good to know the nature and advantages and disadvantages of dividend funds. Le...

India ranks second globally in increasing gold reserves

 Mumbai, March 10- In the last five years after the Corona pandemic, the Reserve Bank of India has increased its gold reserves by 244 tonnes.   Gold reserves What is the rank of first in gold reserves country China is the top buyer of gold in the world, while India is second, according to data from the World Gold Council. Following Russia's military operation in Ukraine, central banks of many countries have changed their economic policies accordingly. However, China and India have been increasing their gold reserves more consistently than any other central bank. In the five years from 2020 to 2024, the Reserve Bank of India has increased its gold reserves by 244 tonnes. During the same period, China has increased its reserves by 336 tonnes. In particular, the BRICS countries of Brazil, Russia, India, China and South Africa alone have increased their gold reserves by 700 tonnes in the last five years. Of this, India holds one-third. Experts say that the Reserve Bank of India i...

India ranks fourth in the number of rich people

 New Delhi: India ranks fourth among the countries with the highest net worth individuals in the world, with 85,698 people, according to a report released, Rich people wealth advisory firm Knight Frank. Those in this category must have a cash balance of one million dollars, or 8.60 crore rupees in Indian currency, in immediate cash. The United States continues to lead in creating the richest people. Of the total rich people in the world, 40 percent are in the United States; 20 percent in China; and 5 percent in Japan. The number of rich people is increasing due to the growing number of startups in India. Last year alone, the number of rich people in India grew by 12 percent. While only 7 rich people were created in 2017, 26 new rich people were created last year.  Services sector growth increases in February New Delhi: The country's services sector grew significantly in February on the back of strong new orders, according to the HSBC PMI report.   The services sector, ...

Can we buy gold jewellery using a credit card?

Is it advisable to use a credit card to buy gold jewelry, For Indian families, buying gold jewelry is both an emotional and economic affair. The price of gold. In the meantime, buying jewelry for investment purposes is gaining importance. Credit card use jewellery purchase Many people buy gold jewelry through credit cards. Using a credit card to buy jewelry is easy and is considered to have various advantages. However, it is important to know the advantages and disadvantages of using a card to buy gold jewelry. Simple convenience: Buying jewelry through a credit card is convenient. Moreover, you can get additional benefits like cashback and reward points in this regard. Some banks also offer special offers in collaboration with jewelry companies. These features can be advantageous. Caution required: However, before buying jewelry through a card A caution is required. The appropriate amount must be paid within the interest-free period. Otherwise, the interest rate on the card usage ...

What do you learn about mutual funds and SIP

Lessons learned from the trend of retail investors exiting SIP and investment accounts due to market downturns.   SIP learn What do you SIP learn more about mutual funds? SIP Lessons learned from the trend of retail investors exiting SIP investment accounts due to the market downturn.   Amidst the various impacts caused by the volatile trend in the stock market, the increase in the closure of SIP accounts has caused concern among experts.   A regular investment plan, also known as SIP, is suitable for investing in mutual fund schemes. Investors can choose a suitable fund and invest a certain amount continuously at a specified interval. This method is believed to help in getting benefits especially by investing in equity funds.  SIP New Accounts As awareness regarding mutual fund investment is increasing, the trend of investing through SIP has been increasing in recent years. Many retail investors are seeking SIP investment. The upward trend of the stock market h...