A husband has no control over his wife’s ‘stridhan’ (woman’s property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her … Read more
In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date (YTD) basis as against a 4% gain delivered by India’s heartbeat index. In the 30-stock index, 10 have given returns superior to gold in 2024. … Read more
Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy. “With effect from today… banks shall convert the current Zimbabwe dollar balances into the new currency, which shall be called the ‘Zimbabwe Gold’ (ZiG) to foster simplicity, certainty, predictability … Read more
Candlestick charts are a cornerstone of technical analysis, providing a visually intuitive way to understand price movements in the MCX Gold and Silver markets. By recognising specific candlestick patterns, traders can glean valuable insights into market sentiment and identify potential trading opportunities. Here, we’ll delve into several major reversal candlestick patterns that can be instrumental … Read more
Mumbai: Piramal Capital and Housing Finance will add gold loans, micro business loans and unsecured microfinance loans to its portfolio next fiscal to broaden its consumer finance focus as it continues to move away from its original avatar as a real estate lender, a top official said. Though the new businesses have a higher risk … Read more
Two weeks ago, I wrote about adding gold to your portfolio. This week it has surged to new all-time highs. Gold is not alone in its rally, it is likely to be joined by silver, too. Silver presents a compelling investment option in the present macroeconomic environment, a volatile and broadly overvalued equity market. This … Read more
Two weeks ago, I wrote about adding gold to your portfolio. This week it has surged to new all-time highs. Gold is not alone in its rally, it is likely to be joined by silver, too. Silver presents a compelling investment option in the present macroeconomic environment, a volatile and broadly overvalued equity market. This … Read more
Gold, with its timeless allure, has always been a beloved form of investment for Indian investors. Its rescind lifetime highs would be inspiring to gold enthusiasts. A perfect hedge against inflation, gold has been a safe haven, an epitome of stability. For centuries, in the face of economic upheavals, currency fluctuations, and geopolitical changes, gold … Read more
This week’s gold rush may have been triggered by bets on the US Federal Reserve’s long-anticipated pivot to looser monetary policy, but the foundations for the record rally were laid in China. After months of mostly treading water, the gold market suddenly sprang to life last Friday. Prices breached December’s record on Tuesday and have … Read more
Gold has turned dearer by more than Rs 2,800 per 10 grams led by a six-session rally. The yellow metal hit a fresh 52-week high of Rs 65,525 on Thursday, surpassing a key resistance level of Rs 65,500 within hours of its opening. The recent surge in yellow metal in the domestic and international markets … Read more
