Is it good time to buy SBI shares? – Buy call on State Bank of India with a target price of Rs 537. The current market price of State Bank of India is Rs 508.60.
investment
Sovereign gold bond third tranche issue opens today: Should you subscribe?
The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both.
Indian Spot Gold Rate and Silver Price
Spot Gold Rate in India (Rs. 51360) have increased since yesterday(Rs. 51350). Also, it was above the average gold price observed this week (Rs. 50614.29) by 1.47%.
Gold Hits Two-Month High as Dollar Face Pressure
Gold price pushed above $1,900 an ounce to hit the highest level in almost two months, aided by a weaker dollar, after posting the biggest annual advance in a decade. Silver price also surged on the first full trading day of the new year.
Gold’s Rally to Give Way to Biggest Jeweler Share Sale in India – Gold Silver Reports (GSR)
Gold’s record-setting rally is set to give wings to the largest initial share sale by an Indian jeweler, helping it overcome tumbling demand in the second-biggest consuming nation.