Sovereign gold bonds or SGBs are issued by the government, for which investors get a holding certificate. It comprises government securities denominated in gold wherein investors are required to pay ...
Gold jewellery consumption eased off as the price increased, despite a solid bounce in India because of a cut in gold import duty. Net central bank demand slowed, but remains healthy. Official ...
A recent significant development in India’s monetary landscape was when the RBI (Reserve Bank of India) brought back about 100 tonnes of gold imported from the United Kingdom. It marks the first ...
The price of gold has soared this year. The precious metal hit a record high of $2,772 per troy ounce this week and has risen in six of the past seven weeks. With year-to-date gains of about 33% ...
When you invest in digital gold, you own the equivalent value of physical gold, which can be redeemed later for physical gold or sold back. Features of Digital Gold Purity: Digital gold is usually 24K ...
This has been clear by the record price surge gold has experienced so far this year, jumping approximately 33% from where it was on January 1. At that point, gold was just $2,063.73 per ounce.