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FINANCIALIZATION OF GOLD
Chinese Proverb of the Day: “Giving your son a skill is better than giving him 1,000… — Life lessons on education, learning, personal growth, success and why skills outlast wealthChinese Proverb of the Day highlights the meaning of “Giving your son a skill is better than giving him 1,000 pieces of gold.” The saying e...
Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal yearSenco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 2...
Ram Temple donation case: SIT to re-audit trust's five-year accountsA special investigation team is re-auditing the Ram temple trust's accounts for the past five years following preliminary findings of alleg...
Titan expects gold prices to stay elevated, volatile amid global tensionsTitan anticipates elevated and volatile gold prices due to global geopolitical tensions, impacting short-term jewellery demand. However, th...
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
Global Market: Australian shares log best week in 3 as Fed-hike bets cool; banks, miners leadIndian investors found a reason to cheer as Australian shares posted their strongest week in three, driven by a global surge in commodity a...
Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 gramsGold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finan...
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
PC Jeweller shares rally 5% after Q1 update; firm eyes debt-free status this quarterPC Jeweller shares are likely to remain in focus after the company reported a 21% rise in Q1 FY27 revenue and said it expects to become deb...
Greek proverb of the day: 'Better a drop of wisdom than an ocean of...' - this thought-provoking saying teaches life lessons on why knowledge always outlasts wealth and why wisdom is the greatest investment you'll ever makeGreek proverb of the day: A Greek saying highlights that true wealth lies not in gold, but in good judgment and learning. The proverb empha...
Validity of FY26 gold import quota licences under India-UAE trade pact extended till September 30Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
How a Multi Asset Allocation brings equity, debt and gold together in one placeDiversification is key to successful investing, and Multi-Asset Allocation Funds offer a balanced approach. These funds invest in at least ...
Why are gold and silver prices up today, and will precious metals continue to rise or drop again? Gold rebounds from multi-month low but remains set for biggest quarterly loss in yearsGold and silver prices moved higher on Tuesday after recent declines, but both metals remain on track for major monthly and quarterly losse...
PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
She did not think twice before pawning her gold bangles to save daughter's future. Today, that daughter is living the dream at a big MNCA Bengaluru woman named Anusmita has gone viral after sharing that her mother pawned her gold bangles to pay her college admission fees. No...
Australian shares slip on inflation concerns, miners top dragsThe benchmark S&P/ASX 200 index closed 0.5% lower at 8,778.70 on the final trading day of the current financial year. The index rose 3.5% f...
Ram Mandir missing funds: SC refuses urgent hearing of plea demanding CBI investigation into 'embezzlement'The counsel contended that electronic evidence may be tampered with and urged the bench for an early hearing so that directions could be pa...
Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: AnalystsGold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic ...