Gold prices surged to a new record high on Thursday, April 3, as investors flocked to safe-haven assets following US President Donald Trump’s announcement of aggressive tariffs on major trading partners. The escalating trade war and economic uncertainty fueled strong demand for gold, driving prices above previous highs. As of 0018 GMT, spot gold was […]
With SGBs on pause, what should existing investors do? – CNBC TV18
With the Sovereign Gold Bond (SGB) scheme no longer issuing new tranches, many investors must be evaluating their options. While SGBs offered a unique blend of gold exposure and fixed returns, existing investors must now decide whether to hold or explore alternatives. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense […]
Which investment is better: equity, gold, or PPF? – CNBC TV18
The Indian financial market is vast and diverse and there are numerous investment possibilities, ranging from guaranteed returns and risk-free assets to schemes that can potentially protect investment. The investment is a key strategy to save for significant goals such as retirement or purchases. Here, we are going to discuss in detail the investment in […]
Gold ETFs record highest-ever monthly inflow of ₹1,961 crore in October – CNBC TV18
Gold Exchange Traded Funds (ETFs) experienced a surge in investor interest in October, with net inflows reaching ₹1,961 crore, according to the latest AMFI (Association of Mutual Funds in India) data. This represents a significant increase compared to ₹1,233 crore in September. The October inflow marks the highest-ever monthly net inflow for the Gold ETF […]
Why patience is key to make your gold investments work – CNBC TV18
Amit Goel, Co-Founder and Chief Global Strategist at Pace 360, maintains a bullish outlook on gold, but with an important caveat: Investors may need to wait three years to see substantial returns. Here’s why Goel believes that patience is essential in the current market landscape. Goel notes that gold prices have surged dramatically — rising […]
Investment options to secure your wealth this Diwali – CNBC TV18
As Diwali approaches, a season marked by prosperity and new beginnings, many are focused on festive preparations and celebrations. However, Diwali is also an ideal time to reflect on personal finances and set a foundation for future security. Financial planning experts recommend harnessing the festive spirit to not only celebrate but also make smart investment […]
Budget 2024 income tax changes: New slabs, capital gains overhaul, TDS rate revisions, more – CNBC TV18
In the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman, several changes to income tax regulations have been announced, affecting various aspects of tax calculation and deductions. Here’s a detailed overview of the key modifications: Revised income tax slabs The Finance Minister has increased the lowest slab in the new tax regime to ₹3 […]
Budget 2024 changes how your gold investment is taxed – CNBC TV18
The Union Budget 2024 has introduced changes to how capital gains on gold are taxed. The holding period required for gold to qualify as long-term capital gains (LTCG) has been reduced from 36 months to 24 months. Simultaneously, the LTCG tax rate on gold has been cut from 20% to a flat 12.5%. However, the […]