[ad_1] India’s jewellery consumption stood at 563.4 tons in 2024, surpassing China’s 511.4 tons and reinforcing the South Asian country’s position as the world’s largest gold consumer in this segment. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap […]
How buying gold help secure your finances in 2025 – CNBC TV18
[ad_1] As we enter 2025, securing your financial future amidst global uncertainties is crucial. One asset that consistently provides stability is gold. Whether you’re a seasoned investor or just starting, understanding how gold can contribute to your strategy is key to ensuring long-term financial security. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now […]
Gold prices ease from one-week high as US dollar strengthens – CNBC TV18
[ad_1] Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to Russia-Ukraine tensions helped cap further losses. Spot gold was down 0.4% at $2,622.22 per ounce, as of 0833 GMT, after hitting its highest levels since Nov. 11 earlier in the session. U.S. gold futures dropped 0.2% […]
Gold prices snap 6-day losing streak as dollar rally pauses – CNBC TV18
[ad_1] Gold prices rebounded on Monday, recovering from a six-day losing streak, as the U.S. dollar’s rally paused. Investors are now awaiting comments from Federal Reserve officials for further insights into the interest rate outlook. Spot gold rose 1.2% to $2,591.43 per ounce by 1027 GMT, bouncing off a two-month low reached on Thursday. Meanwhile, […]
Goldman Sachs says ‘go for Gold’ as central banks buy, Fed cuts in 2025 – CNBC TV18
[ad_1] Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said prices could extend gains during Donald Trump’s presidency. “Go for gold,” analysts including Daan Struyven said in a note, reiterating […]
Western ETF investors poised to heap fuel on gold’s record rally – CNBC TV18
[ad_1] Inflows into gold exchange-traded funds, particularly from Western investors, are set to rise in coming months, adding yet more positive stimulus for already record-high bullion prices, analysts said. Gold prices have surged some 27% so far this year to vault $2,600 per ounce, benefiting directly from looser central bank monetary policy and pockets of […]
Gold hits successive record highs ahead of expected Fed rate cut – CNBC TV18
[ad_1] Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week. Bullion climbed as much as 1% to $2,583.45 an ounce on Friday (September 13), putting it on track for a weekly gain of more than […]
Gold prices rise over 72,000 per 10 grams in India on strong spot demand – CNBC TV18
[ad_1] Gold prices on Thursday (August 29) rose ₹269 to ₹72,012 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. Fresh positions built up by participants led to a rise in gold prices, analysts said. Globally, gold futures increased 0.61 per cent to $2,553.20 per ounce in New […]