Gold prices in India today resistance zone ₹38,300 level in futures markets while silver struggled. On MCX, October gold futures were down slightly at ₹37,960. Gold futures had hit a new high of ₹38,666 last week.
Neal Bhai
Yellow Metal, We Tell You about some of the Options Available For Investing
Gold ETFs and Funds
Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold (Yellow Metal) is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.
Gold prices Slip after Hitting New Record High, Silver Rates Decline
Gold / Silver
Gold / silver prices today tumbled after they hit record highs recently. In spot markets, gold prices today slumped ₹233 to ₹37,945 per 10 gram in Delhi markets, Press Trust of India reported, citing All India Sarafa Association.
Independence Day 2019 : Mera Bharat Mahan, भारत के राष्ट्रीय ध्वज को फहराने के कुछ नियम हैं?
स्वतंत्रता दिवस (Independence Day) का जश्न पूरे देश में 15 अगस्त (15 August) को मनाया जाता है. भारत इस बार 73वां स्वतंत्रता दिवस (Independence Day 2019) मनाएगा. 15 अगस्त 1947 को अंग्रेजों के शासन से आजादी मिलने के बाद से ही 15 अगस्त का लोगों के बीच खास महत्व है.
Precious Metals: Near Term Correction Due
Precious Metals – ABN AMRO’s Senior precious metals strategist, Georgette Boele, notes that gold prices have gained 17% this year and argues that gold prices have risen too sharply in a short period and are likely to make a correction in the coming months.