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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 [...]

Long Term VS Short Term Capital Gains for Equity, Debt, Gold & Real Estate

We all invest in equity, debt, gold, & real estate according to our risk profile and time horizon. The gains from these investments are treated as capital gains and are taxed differently. As tax liability impacts your net returns, so it’s imperative that you should know about them. Capital gains are classified as long term [...]

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 Saving Scheme List From Jewelers – Tanishq, P C Jeweller, GRT, Gitanjali, TBZ

I have compiled a list of Gold Saving Schemes from different jewelers in India. Tanishq: The Golden Harvest Scheme Tanishq from the house of Tata Group is one of the biggest jewelers in India with country wide network. Also its Golden harvest Scheme is one of the most advertised. There are two options: The 11+1 Plan [...]

PC Jeweller: Jewels for Less Scheme Review

You must have noticed P C Jeweller’s Jewels for Less Scheme. This is one of the gold saving schemes which with sharp increase in Gold prices have become very popular both with jewellers and their customers. Highlights of the Scheme: Can pay in advance through installments Can pay for a minimum of 12 months and [...]

Gold Saving Scheme From Jewelers – A Good Investment?

Over the past one year Gold prices have zoomed up about 40%. To counter the price rampage, jewelers have come up with big incentives on their gold savings schemes, which have been in vogue for nearly a decade now. Whether it is national branded jeweler Tanishq, Delhi based P C Jewellers, Mumbai’s leading gold retailer [...]

Gold Loan: Banks or NBFCs?

With the recent notification of RBI (Reserve Bank of India) about limiting Non Banking Financial Companies (NBFC) to provide Gold Loan up to 60% of value of Gold Jewellary, it seems now rules of the game would be rewritten. Now, banks might turn out to be better option for Gold Loan borrowers due to following reasons: NBFCs [...]

Which is the Best Investment option?

A few days back Times of India had published the below info-graphic showing how asset class among Equities, Real Estate, Gold and fixed deposits have performed in last one, three, five and ten years. For last one year Gold was the best performer with whooping 39.3% returns while in last three years it was equities [...]

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 [...]

Gold Loan: Your Eligibility Got Reduced

Gold loan has become popular form of borrowing in recent years. This is proved by the fact that Banks and non-banks are currently dishing it out at the rate of 1,20,000 new loans a day! At last count, the business was reckoned to be worth Rs 80,000 crore and growing at the rate of over [...]

Motilal Oswal MOSt Shares Gold ETF NFO – should you invest?

Motilal Oswal is the latest mutual fund house to join the gold rush by launching its gold ETF (Exchange Traded Fund) – Motilal Oswal MOSt Shares Gold ETF. This is already a crowded space with more than a dozen gold ETFs, but is Motilal Oswal MOSt Shares Gold ETF different than already existing Gold ETFs [...]