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Sovereign Gold Bonds carry a fixed interest rate of 2.50% per annum. (AI image) Sovereign Gold Bonds returns: With gold prices rallying strongly in the last few years, investors in Sovereign Gold Bonds or SGBs are looking at bumper returns! One such SGB is delivering a whopping return of over 300%!The RBI has released the…
Countries around the world are growing increasingly cautious about maintaining sovereign assets abroad. (AI image) India’s gold reserves are increasingly being stored in the country – a significant move in an era where countries use financial warfare to mount pressure and settle scores. The Reserve Bank of India (RBI) has intensified its efforts to transfer…
In global markets, Gold prices reduced on Monday due to a robust US dollar and improving US-China trade relations. (AI image) Gold rate today: Gold and silver prices dropped in early trading on Monday, with investors booking profits following a record global rally and recent market fluctuations. At the Multi Commodity Exchange (MCX), December gold…
Gold-backed ETFs experienced their most substantial single-day tonnage withdrawal in five months, indicating that institutional investors are reducing their positions. (AI image) Why are gold prices falling? After a record-breaking run, gold prices seem to be taking a breather with a significant 3% drop this week in the international markets. The yellow metal is set…
LKP says that traders are advised to adopt a cautious approach, preferring a sell on rise strategy. (AI image) Gold price prediction today: Gold prices are likely to trade in a narrow range with a neutral to bearish bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy…
