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Gold rate increased to Rs.88 per Sovereign

Today, the cost of gold has increased to Rs. 88 per Sovereign on Friday Morning (November 1st, 2019). A sovereign was worth Rs. 29,656.00 and a gram were Rs. 3,707.00.

Posted On :01/Nov/2019 11:10:18 AM

Gold sales down by 30% this Deepavali!

The sales of gold jewelry items commence 10 days ahead of Deepavali and continue till noon on the Deepavali festival day. The trading/sales this year has rather been dull.

Posted On :29/Oct/2019 12:17:41 PM

Gold price rise effect: Traders reluctant to buy new jewellery for the ensuing Deepavali!

Due to multiple reasons such as present stagnation in the current international economy, downtrend in the productivity Index and Job Opportunity Index.

Posted On :11/Sep/2019 12:21:38 PM

Gold funds offer the maximum benefits!

Gold funds such as Mutual funds and gold EDF have provided the greatest benefits over the last few months as compared to other funds in the market.

Posted On :10/Sep/2019 3:01:59 PM

Buying options between Gold Coins or Gold Bars

Especially in India, the people buy gold for various purposes ranging from jewellery to investment. Note that the metal gold is not just about flashy bling item but also about substantial savings and returns

Posted On :09/Sep/2019 12:25:07 PM

Taxes pertaining to Sovereign Gold Bonds

Gold bond holdings enable earn an interest of 2.5%. Note that this revenue is entirely taxable.

Posted On :09/Sep/2019 11:52:51 AM

Reasons for rising gold price

Plenty of reasons for rising of gold price daily around the globe. Gold prices shoot up when the public is unsure about the government or financial markets.

Posted On :09/Sep/2019 11:03:00 AM

What is the number 916 with reference to gold?

916 gold is the same as the 22-karat gold.

Posted On :07/Sep/2019 5:58:01 PM

Authorities who decides the price of gold

Gold price is fixed as per the demand and supply. USA and Europe remain as the gold trading and gold price-fixing entities, they have not kept large quantities of gold by themselves.

Posted On :07/Sep/2019 5:51:24 PM

Calculation of the Value of Old Gold Jewellery

Very simple & affordable formula to calculate the Value of Old Gold Jewellery.

Posted On :07/Sep/2019 4:04:54 PM