By Rae Wee SINGAPORE (Reuters) -Asian shares fell and gold prices rose on Monday as risk sentiment took a hit after Iran’s retaliatory attack on Israel stoked fears of a wider regional conflict and kept traders on edge. The dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures
In this article, we will take a detailed look at the 12 Best Precious Metals Stocks to Invest in Now. For a quick overview of such stocks, read our article 5 Best Precious Metals Stocks to Invest In Now. Precious metals are in the spotlight amid rising geopolitical tensions in the Middle East and burgeoning demand for gold
Gold has a rich history as a prized asset for investors, particularly during periods of economic instability. Currently, the price of 22-karat gold in India is ₹6,565 per gram, while 24-karat gold, also known as 999 gold, is priced at ₹7,162 per gram. Here’s why gold is considered a prudent investment: Protection against inflation: As
By Brijesh Patel (Reuters) – Gold prices edged lower on Wednesday due to an uptick in the dollar, although bullion traded in a narrow range as investors stayed on the sidelines awaiting more cues on the U.S. Federal Reserve policy. Spot gold was down 0.1% at $2,176.29 per ounce, as of 0310 GMT. U.S. gold
Muthoot Finance share price jumped nearly 5%, while Manappuram Finance shares gained over 3% on Thursday after gold prices hit a record high following the US Federal Reserve monetary policy outcome. Gold rate on the Multi Commodity Exchange (MCX) spiked over 1.5% to hit a fresh high of ₹66,778 per 10 grams. In the international
Sovereign gold bonds (SGB), public provident fund (PPF), and bank fixed deposits (FDs) are widely recognised as secure investment options. Each of these choices offers a stable, long-term investment avenue, making the decision between them somewhat challenging. Sovereign Gold Bonds are issued by the Reserve Bank of India on behalf of the Government of India.