Muthoot Finance is one of India’s largest non-banking financial companies (NBFCs) that primarily deals in gold loans. Founded in 1939,…
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Latest in gold
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Investing in precious metals, particularly gold and silver, has been a trusted strategy for wealth preservation and portfolio diversification for…
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Sovereign Gold Bonds (SGBs) are a popular investment option for those looking to invest in gold without dealing with the…
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The U.S. economy has shown robust growth, with the Bureau of Economic Analysis reporting a 3.0% increase in GDP for…
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Surge in Western Interest and India’s Policy Changes Drive Global Gold Prices Higher
by Barbaraby BarbaraWestern investors are significantly contributing to the recent surge in global gold prices, with a notable impact in India, according…
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Gold Shines in 2024 Amid Economic Uncertainty, Becomes a Top Safe-Haven Investment
by Barbaraby BarbaraInterest in gold has surged in 2024, with the yellow metal reaching new record highs driven by persistent inflation and…
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Overcrowded Gold Trade Faces Growing Pullback Risk Despite Fed Rate Cut Expectations, TD Securities Warns
by Barbaraby BarbaraThe gold market is becoming increasingly crowded, raising the risk of a significant price pullback even as the macroeconomic environment…
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European Stocks Poised for Modest Gains as Nvidia’s Earnings Awaited; Asian Markets Weaken
by Barbaraby BarbaraEuropean stocks were expected to see modest gains as traders awaited Nvidia Corp.’s earnings report, which is anticipated to offer…
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The gold market, defying expectations with its climb above $2,500, continues to display upward momentum, with one analyst forecasting even…
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Gold Futures Hit Record High of $2,560 Amid Weakening Dollar and Evolving Fed Policy
by Barbaraby BarbaraIn a notable achievement, gold futures have reached a historic high, closing at $2,560.00. This new peak, marked by a…
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Gold also serves as a financial asset and is considered a safe haven investment. It has been used as a form of currency throughout history and is often seen as a hedge against inflation and economic uncertainty. Investors can buy and sell gold in various forms, including physical gold (such as bars and coins) and gold-backed financial products (such as exchange-traded funds or futures contracts).