Gold has already been run up for a decade now, since gold prophets prone to think that gold’s euphoria will resume soon. In India, investing in gold is either an emotionally or an act of faith that gold would never fall in the long-run and stay intact. This is because gold rises on myth and […]
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Category: Gold
Gold Monetization Scheme turns to be melted!
With regard to attach social and sentimental value to gold, people are often lured to buy gold on festive seasons such as Dhanteras and Akshay Tritya with the objective of either use for consumption or accumulate it as part of their investment strategy. According to the World Gold Council, India is the largest importer and […]
Gold Kitty Saving Schemes: Are these really worth considering?
Purchasing gold in its physical form has emotional value for many, especially women despite the accompanying problems regarding storage and higher purchase cost. Does this mean you should shell out a chunk of your savings to buy gold now, considering its high price? Of course, if you buy a sizeable piece of jewellery, such as […]
Dhanteras: Oh My Gold, Be Sure, it is Pure!
Every Dhanteras or Dhantrayodashi is the first day of Diwali celebration. “Dhan” stands for wealth and teras signify thirteenth day. So Dhanteras is celebrated on trayodashi of Kartik Krishna Paksha.This year i.e. Dhanteras 2013 will be celebrated on Friday, 01st November. On Dhanteras, is said to bring prosperity, everyone is indulging to buy gold or jewellery […]
If it glitters, it must be Gold!
Fixed Income and equities have generally sought more favour with investors as these are income-generating assets. Fixed Income generates interest; equities provides dividend and Gold is considered a good hedge against inflation. It has been historically viewed as a safe haven. Whenever an economy encountered a big crisis, investors tend to rush towards gold as […]