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Gold

Five Signs of Purity for Gold Jewellery

The festive and wedding season is on and most of us would be rushing in to jewellers to buy Gold/ Silver Jewellery. Here are the five signs engrossed on the jewellery which proves golds’ purity: BIS Standard Mark: BIS means Bureau of Indian Standards. Licence is granted to the jewellers by BIS under Hallmarking Scheme. The [...]

Why do Indians buy Gold?

The love for Gold by Indians is a known fact and has been passed from generation to generation. India constitutes one fourth of the world’s gold demand and around 10% of Indian household saving in 2011-12 was invested in Gold. Morgan Stanley conducted a survey on Why did we Indians buy gold in last 12 [...]

Gold ETF and e-Gold Turnover on Akshay Tritiya

There were reports of heavy buying of Gold everywhere on the auspicious occasion of Akshay Tritiya on April 24, 2012. I thought of checking how did the new channels of buying Gold - Gold ETF and e-Gold performed. Below is the graph showing turnover of Gold ETFs on Bombay Stock Exchange (BSE) on April 24, 2012. Also [...]

Five Ways to Invest in Gold

Gold has always fascinated us Indians. Traditionally the only way to own gold was in form of Jewelry which was passed from generation to generation. These jewelries are commonly made of 22 Karat gold which means 91.6% gold. Next, the fascination for pure gold lead to a market for 99.9% pure Gold coins and bars. [...]

Best Gold ETF (Exchange Traded Fund) in India

With staggering returns of more than 20% per annum for last 5 years, Gold has become a hot investment opportunity. Mutual funds in a bid to en-cash this opportunity have launched gold ETFs and gold mutual fund schemes one after the other. On the last count there are 12 gold ETFs trading on exchanges and [...]

Gold Price in India – 40 Years History

Gold has always fascinated us Indians but do you know how prices of Gold have varied in India. I happen to visit RBI website which publishes lots of reports including weekly Gold prices. So here it is 40 Years price history of Gold. Gold Price Trend: If you look at the trends in Gold Price [...]