Investors in India are exploring smart strategies to build wealth. Two prominent options are investing in gold or taking a home loan to invest in real estate. Both approaches offer their own set of advantages and disadvantages. According to Atul Monga, CEO and Co-founder of BASIC Home Loan, “The decision to invest in gold or…
Investors benefit both from rising gold prices as well as currency depreciation. The intent of the scheme was to wean away Indians from their seemingly insatiable appetite for physical gold. India has consistently been among the world’s top importers of gold. Recently, the average annual drain on foreign exchange due to these imports has been…
Amid uncertainty in the global economy, gold is having a golden run. The yellow metal has hit 11 record highs already in 2025 as its safe haven appeal attracts investors globally to it. In the global market, its price hit $2,900 per troy ounce on Monday, bringing year-to-date gains to about 11%. In the domestic…
Sovereign Gold Bonds (SGBs): The Reserve Bank of India (RBI) has released a calendar for the premature redemption of the Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The central bank plans to process the redemption of 30 SGBs from October 11, 2024, to March 1, 2025. According to RBI guidelines, SGB…
Markets have been swinging between gains and losses in the last week. Even after an almost 2 percent fall in August so far, Sushant Bhansali, CEO, Ambit Asset Management, does not foresee any substantial correction in the market in the near future. Although, volatility could persist, driven by both domestic and global economic data, he…
