Humans have mined gold for about 7,000 years. Let’s understand the sources of gold supply and how it reaches the customer in the form of jewellery, bars, coins, etc. What is the lifecycle of gold and what is the role of each market participant in the supply chain?
Union Budget 2023 Review for Bullion Industry
The import duty on silver bars and silver doré has been increased and is now aligned with that of gold and platinum. Moreover, the conversion of physical gold into EGR and vice-versa has been exempted from Capital Gains – this will enable EGRs to become more popular.
Top 7 reasons that will take Silver prices to new highs
After eight months of downward momentum, now finally silver has started its bull run in the last week of November. Silver prices had been trading in the range of Rs $18 (~54000/kg) to $22 (~Rs 63000/kg) for the last six months. This range is finally broken now, so buying on dips is advised, as prices could touch record highs in the year 2023 for the various reasons discussed here.
#Silver #bullrun #demand
Most auspicious days to buy gold are here again
This Diwali 2022 has given best opportunity for long-term investors to buy gold on auspicious day and take benefit of lower prices as gold is expected to continue giving historical 11% CAGR returns in future too.
To understand the auspiciousness of Gold and its connection with Dhanteras & Diwali and why is it the best time for gold buying, Click here…..
How is Digital Gold better than other forms of gold investment digitally
All the forms of gold investment have various advantages and disadvantages, it purely depends on the investor’s investment horizon and risk-taking ability to choose the form of investment. Differences and similarities are discussed here.
“What is safe heaven now – Gold or Dollar?”
Whether RBI’s decision to permit international trades in Rupee be beneficial to the Bullion industry?
Last week, RBI announced its decision to permit rupee-based trade settlements between India and other countries. While the change is expected to boost principally trade with Russia, it is also expected to assist curb dollar outflows and halt rupee devaluation to a very limited level.
Three economic scenarios probabilities in 2022
Since last year, Inflation has been at a four-decade high. Now that the FED is viewed to be acting aggressively, stagflation, or worse, a recession, is a big threat to the economy. We now have three central scenarios ahead of us. All can be described in terms of economic growth, inflation and interest rates.
STAGFLATION IMPACT ON GOLD
Russia, Sanctions and Gold
As the Russia-Ukraine war enters its second month, Western powers have taken new action aimed at destabilising Russia’s sanctions-hit economy following its invasion of Ukraine last month.
What is Gold Investment demand and is Gold a portfolio diversifier?
Gold Demand and Supply 2021
The World Gold Council has come up with latest updates on Gold Demand and Supply for the year 2021, lets discuss the highlights.