Gold is one of the oldest precious metals known to man and for years it has been valued as a global currency, an investment, a commodity and an object of beauty and India is not an exception to this. India's love affair with gold is timeless spanning over centuries and millennia. With...
The allure of gold as an investment has also grown stronger. Gold ETFs (Exchange-Traded Funds) have witnessed substantial inflows, with July recording the highest monthly inflows since February 2020. The report attributes this to recent tax benefits introduced for long-term gold ETF investments. I...
The price of gold continued to reach record highs. As of press release, spot gold had risen in the short term, once again reaching a record high of 2356.06 US dollars/ounce. Wall Street investment banks all pointed out in their reports that gold price trends cannot be analyzed according to...
Gold jewelry processing and retail enterprises in China have also continuously innovated in the design of gold products, driving the increased demand for gold jewelry. Gold bars and coins with relatively lower premiums have also been favored by consumers seeking physical gold investments, said the ass...
“Before De Beers started marketing in India, the market was entirely gold focused. Now De Beers spends $4 to $5 million per year on consumer marketing in India,” said Forevermark CEO Lussier. Over the last five years, Lussier adds that DeBeers’ marketing investment has been rewarded with...
With the dramatic rise in international gold prices, many Chinese investors are looking with interest at the yellow metal, an investment where risks and opportunities coexist. Consumption of gold, whose appeal had once waned as Chinese consumers favored diamonds and other gems, has remained robust ...
Mark Hanna
GOLD buying globally fell 10 percent in the third quarter as consumer demand in China and India sagged and central banks halved their purchases, despite a rise in investment sentiment, the World Gold Council said yesterday. Chinese consumers bought 22 percent less gold in the July-September period...
With the dramatic rise in international gold prices, many Chinese investors are looking with interest at the yellow metal, an investment where risks and opportunities coexist. Consumption of gold, whose appeal had once waned as Chinese consumers favored diamonds and other gems, has remained robust ...
Apart from Google Pay, other digital wallets in India such asPaytmand PhonePe are already offering this facility to buy gold in digital format on their respective platforms. As per the reports, PhonePe is leading with the major share in the Indian market for digital gold investment. ...