In China today, many identify with Huang’s consumption mentality, with domestic gold prices reaching new highs last year, and the retail market witnessing a gold rush. 01:31 Chinese consumers sell off old jewellery amid record high gold prices Chinese consumers sell off old jewellery amid record high gold prices And as China’s stock market struggles
(Kitco News) – Gold prices spent the first week of 2024 solidly above $2000 per ounce, but they were yanked up and down as markets attempted to calibrate their expectations of how soon the Federal Reserve will cut rates based on economic data releases. After trading sideways on Monday and Tuesday, gold sold off sharply
The performance of the precious yellow metal has been impressive, showing a gain of more than 12% this year, and on India’s Multi Commodity Exchange (MCX), gold’s trading value recently stood at a staggering ₹61,221 per 10 grams (as of December 11, 2023). A recent report by the World Gold Council (WGC) highlights that gold’s
January isn’t just about resolutions; it’s a chance to plant the seeds for a prosperous year. You can make 2024 a year of smart financial decisions, which can be convenient and easy to implement. Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration
It’s busy season. Everyone worth their investing salt must come up with a forecast for 2024. The amazing thing is they do. Even though, by my guesstimate, 95% of them are proven to be wrong year after year. But who cares. It’s busy season. Everyone worth their investing salt must come up with a forecast
Foreign brokerage CLSA said Manappuram Finance’s focus on diversification plan with a target of achieving a 50:50 loan mix between gold and other segments is going smoothly. In its latest note, the brokerage retained its ‘Buy’ rating on the Manappuram Finance Ltd stock and suggested a target price of Rs 185 on the same post