Sunday, May 29, 2022
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Gold

Gold Futures Gain On Fresh Bets

Gold Futures Gain On Fresh Bets

On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 147 or 0.29 per cent at Rs 50,020 per 10 grams in a business turnover of 6,923 lots.

16 May 2022
SGB 2016-17 Series III Up For Early Redemption On May 17; Know The Tax Implication

SGB 2016-17 Series III Up For Early Redemption On May 17; Know The Tax Implication

With Series III of Sovereign Gold Bond 2016-17’s interest payment date being May 17, it’s time to consider redemption from the point of view of taxation .

17 May 2022

Why Investing In Multi-Asset Fund Of Fund Makes Sense In A Volatile Equity Market

A multi-asset fund of fund will help you allocate your investible surplus to all three asset classes–equity, debt, and gold-with appropriate exposure to each...

Exports Up 30.7% To $40.19 Billion In April; Trade Deficit Widens To $20.11 Billion

Exports Up 30.7% To $40.19 Billion In April; Trade Deficit Widens To $20.11 Billion

Imports during the month under review grew by 30.97 per cent to $60.3 billion. The trade deficit in April 2021 was $15.29 billion.

13 May 2022

Woman Passenger Held At Pune Airport For Smuggling Gold Worth Over Rs 26 Lakh

According to Customs officials, the passenger had landed at the airport on May 5 from Dubai. "During the detailed examination, it was found that the passenger...

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03 May 2022
PM Modi Wishes People On Akshaya Tritiya

PM Modi Wishes People On Akshaya Tritiya

The auspicious day is associated with good luck and prosperity.


03 May 2022
Which Type Of Gold Should You Buy This Akshaya Tritiya?

Which Type Of Gold Should You Buy This Akshaya Tritiya?

If buying gold is on your to-do list this Akshaya Tritiya, then take a pick from the four types of gold investment avenues available across physical and...


03 May 2022
Sovereign Gold Bonds Or ETFs: What To Buy This Akshaya Tritiya? Read Here To Find Out

Sovereign Gold Bonds Or ETFs: What To Buy This Akshaya Tritiya? Read Here To Find Out

Besides knowledge, there are also several other cost and tax components that you need to keep in mind before deciding on whether to buy sovereign gold bonds or...


01 May 2022
Gold Valued At Rs 89.74 Lakh Seized

Gold Valued At Rs 89.74 Lakh Seized

The two arrived by a flight from Doha, they said adding the yellow metal was concealed in the rectum of the passengers.


28 April 2022
Indian Gold Jewellery Consumers Hold Back Buying On Expectations Of Lower Price

Indian Gold Jewellery Consumers Hold Back Buying On Expectations Of Lower Price

The price of gold has risen sharply in Q1 2022 due to geopolitical concerns, inflation, and other factors. Thus, while gold investments have gone up, gold...


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27 April 2022
Exclusive Interaction With Shivanshu Mehta, Head – Bullion, MCX

Exclusive Interaction With Shivanshu Mehta, Head – Bullion, MCX

Outlook Money spoke to Shivanshu Mehta, Head-Bullion, MCX about the recently launched Gold Mini Options with Gold Mini (100 grams) Futures as underlying...


17 April 2022
GST Council May Do Away With 5% Rate; Move Items To 3% And 8% Slabs

GST Council May Do Away With 5% Rate; Move Items To 3% And 8% Slabs

Currently, GST is a four-tier structure of 5, 12, 18 and 28 per cent. Besides, gold and gold jewellery attract a 3 per cent tax.


12 April 2022
Shriram City Aims To Grow Gold Loan Book To Rs 15,000-20,000 Crore Over Next 5 Years

Shriram City Aims To Grow Gold Loan Book To Rs 15,000-20,000 Crore Over Next 5 Years

The company, which has a strong gold loan franchise in south India, on Tuesday, announced the launch of its gold loan product across 70 branches in Punjab,...


11 April 2022
Sebi Comes With New Guidelines To Evaluate Risk Value Of Gold, Gold-related Instruments

Sebi Comes With New Guidelines To Evaluate Risk Value Of Gold, Gold-related Instruments

In a circular, the markets regulator said it has been decided that investment in such commodities by the mutual fund schemes will be assigned a risk score...


11 April 2022
Shivani Movaliya and Surali Ribadiya Co-founders of ‘Shurui Studio’ Talk About Their Lab Grown Diamond Jewelry Brand

Shivani Movaliya and Surali Ribadiya Co-founders of ‘Shurui Studio’ Talk About Their Lab Grown Diamond Jewelry Brand

Sisters-in-law, Shivani and Surali share more than just an ordinary familial bond. They are co-founders who joined hands to revolutionizing the diamond...


24 March 2022
G7 To Restrict Russian Central Bank's Gold Use

G7 To Restrict Russian Central Bank's Gold Use

Russia holds roughly $130 billion in gold reserves, and the Bank of Russia announced Feb 28 that it would resume the purchase of gold on the domestic precious...


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24 March 2022
Key Things To Know Before Market Opens On Thursday

Key Things To Know Before Market Opens On Thursday

Stocks closed lower on Wall Street Wednesday, giving back nearly all of the gains they made a day earlier, as crude oil prices rose sharply again. Technology,...


20 March 2022
Gold ETFs Log Rs 248 Crore Outflow In February

Gold ETFs Log Rs 248 Crore Outflow In February

Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore.


10 March 2022
Gold price falls Rs 992 to Rs 52,635 per 10 grams; Silver Tanks Rs 1,949

Gold price falls Rs 992 to Rs 52,635 per 10 grams; Silver Tanks Rs 1,949

Silver also tanked Rs 1,949 to Rs 69,458 per kg, from Rs 71,407 per kg in the previous trade


07 March 2022
Gold Jumps Rs 1,298, Silver Zooms Rs 1,910 On Global Trends

Gold Jumps Rs 1,298, Silver Zooms Rs 1,910 On Global Trends

The yellow metal had in the previous trade finished at Rs 52,486 per 10 grams. Silver also jumped Rs 1,910 to Rs 70,977 per kg, from Rs 69,067 per kg in the...


07 March 2022
Gen-Z Investors Moving Towards Digital Gold

Gen-Z Investors Moving Towards Digital Gold

The share of new age investments like digital gold has gone up due to an increase in digitalization. Young investors have shown affinity towards digital gold...


09 March 2022
Gold Buying Goes Digital With PhonePe

Gold Buying Goes Digital With PhonePe

PhonePe has revolutionized the gold buying process in India. With over 360 million registered users, one in four Indians are now on PhonePe. The app has also...


04 March 2022
Govt Rethinks Gold Monetisation Scheme As Costs Outweigh Benefits: Report

Govt Rethinks Gold Monetisation Scheme As Costs Outweigh Benefits: Report

The idea behind introducing the scheme, among others, was to wean away investors from buying physical gold


03 March 2022
International Women's Day: More Women Investing But Fixed Returns Products Remain First Choice, Finds Survey

International Women's Day: More Women Investing But Fixed Returns Products Remain First Choice, Finds Survey

A ScripBox study on investing trends among women finds that one in five women started investing during the pandemic, and planning for retirement and emergency...


02 March 2022
Sovereign Gold Bond Vs Physical Gold: Which Is A Better Investment Choice?

Sovereign Gold Bond Vs Physical Gold: Which Is A Better Investment Choice?

The Sovereign Gold Bond (SGB) scheme’s latest tranche has started and will remain open till March 4. SGBs provide an alternative to investing in physical...


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