2019 March

Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Posted by Augmont
  |  
On March 28, 2019

Gold prices gained Rs 35 to Rs 33,095 per 10 gram on Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association. Silver, however, dropped Rs 270 to Rs 38,850 a kg amid lower demand from

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Difference between gold ETF and gold saving fund

Posted by Augmont
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On March 26, 2019

Gold is back on the table as an investment option. The prices for the yellow metal have increased 6.2% in the past year. Overall, Indians have always been one of the larger consumers of gold. Some invest in mutual funds that invest in gold and some prefer to invest in

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Gold settles at a one-week high on dovish Fed

Posted by Augmont
  |  
On March 21, 2019

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve’s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this

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India may stop refined gold imports in next five years, say experts

Posted by Augmont
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On March 15, 2019

Import of refined gold might stop in three to five years, claim experts. At present, India’s annual gold consumption is about 800-900 tonnes, of which about 750 tonnes is imported. However, domestically refined gold has been becoming more and more important.“India will stop importing gold in five years,” said Rajesh

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Gold expected to perform well in 2019

Posted by Augmont
  |  
On March 11, 2019

Last fortnight gold fell near two week lows. It was heading for its biggest weekly fall in nearly four months on 28th Feb. A strengthening dollar backed by rising equities created pressure on the yellow metal. Better sentiment on the stock markets and a reluctance by the physical gold investors

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