Category: Gold Rate

Gold jewellery is an important segment globally. We Indians, particularly, are famous for being “gold crazy” as it carries a great sentimental value. But, it comes with a few drawbacks, such as: High making charges Lifetime storage costs Additional cost of precious stones and other metals Hassle of visiting a jeweller to buy gold Due...

We all know how important gold is for us. But due to its high making charges and storage-related drawbacks, it does not fit in everyone's pockets. To make gold investments accessible to millions of Indians, Paisabazaar.com has joined hands with SafeGold to offer Digital Gold – a smart and cost-effective way to invest in physical...

For Indians, gold is more than a hedge or an investment option. For us, it is an important part of our culture and traditions. On festivals and special occasions such as Diwali, Akshaya Tritiya, weddings, etc. we love to buy gold, mostly in the form of jewellery. However, buying gold is not as convenient as...

Gold as an investment option is valuable, reliable and an important part of an individual’s investment portfolio. There are many ways in which you can invest in the precious metal. You can either invest in gold through Systematic Investment Planning (SIP) or buy it in lump sum. Some of the popular gold investment options include...

India’s love for gold is not just because it has a great social and cultural significance; it is also because people consider it as a ‘safe’ investment option. Unlike currency and other tangible and intangible assets, the metal has held its value through centuries. Therefore, many Indians see gold as a way to preserve their...

India’s affinity towards gold is known to the world. For centuries, the precious metal has been an important part of its traditions and culture. The country along with China is one of the largest gold consuming markets, in terms of volume. According to the reports published by the World Gold Council, India is the largest...

FOMC Minutes Support Rate Hike “Soon”   The minutes of the latest FOMC meeting revealed that the Fed feel it will “soon be appropriate” to raise rates again if “economic information came in about in line” with current forecasts. Investors have been steadily increasing their rate hike expectations as the Fed have turned more hawkish […]

After the government’s demonetization move, the daily gold imports of India have witnessed a sharp increase. The volume has gone past the purchases done during the build-up to Dhanteras on 28th October. The imports witnessed a tenfold increase and rose to Rs 2,229.1 crores on November 10 and increased further to Rs 2,374.4 crores on […]

Federal Bank, in collaboration with MMTC (Metals and Minerals Trading Corporation), will distribute Indian Gold Coins (IGC), under the first-ever National Gold offering scheme launched by the Narendra Modi government in November 2015.   This Kerala-based private sector lender will become one of the first private sector banks to offer such a product to its […]