Indian gold market is all set to welcome yet another climax in the Festival of lamps, during Dhanteras and Diwali, around the corner. Indian gold prices follow global trends always, while its demand were mainly driven by local factors such as festivals and marriage seasons.
The prices of Gold prices moved slowly on Thursday to extend losses from the earlier session as the US dollar balanced against the yen, but underlying demand for bullion was witnessed as strong ahead of festive season. The precious Gold 22 carat recovered to ended at Rs 29,893 per 10 gram in the market now.
With the current rally in the domestic equity market, gold becomes a good investment avenue. Over the long term, investing a part of savings in gold always brings good returns. simultaneously, it generates security against erosion of purchasing power to the exchange rate or inflation.
However, Gold delivered 15% returns compound annual growth rate over the last 15 years and after negative returns for 3 consecutive years, gold has set positive returns this year, adding up excitement of investors.
help full updates
ReplyDeleteA debt of gratitude is in order for contributing your essential time to post such a fascinating and valuable accumulation. It would be learned and assets are dependably of extraordinary need to everybody. If it's not too much trouble keep sharing.
ReplyDeletecomex trading signals
commodity signals
daily intraday trading tips
Safalt Trading offers Guaranteed Profit in Crude oil this pack is superior for energetic swing trader.
ReplyDeleteCrude Oil Jackpot Calls
Comex Forex Signals By Gold Crude Research
ReplyDelete• Larsen arm wins Rs1656 crore contract from ONGC.
ReplyDelete• Idea Cellular board approves merger with Vodafone India.
• Mahindra Lifespace fixes rights issue price at Rs292.
CapitalStars
This comment has been removed by the author.
ReplyDeleteGold prices slipped on Wednesday, after hitting a more than three-week excessive in the earlier session, amid a less assailable dollar.
ReplyDeletewealth it global
Dilip Buildcon declared as the lowest bidder for a road construction project worth Rs2,013cr
ReplyDeleteFree Trading tips | sebi registered advisory company
SBI will issue and encash electoral bonds through its 11 authorized branches from May 1-10.
ReplyDeletesureshot & accurate tips
ReplyDeleteA good investment portfolio requires regular makeover to consistently perform even in changing market dynamics.intraday Stock Tips
Nice blog. Thanks for sharing this useful information about Commodity Market.
ReplyDeleteNCDEX Tips
Thank You Blogger for such a Beautiful Blog.Your Blog Design Perfect Report and Level Too Thanks By Research Panel.
ReplyDeleteLive Future Tips