You may get gold loan for as low as 7% per annum from banks compared to a double-digit interest rate on personal loan in most cases
Experts feel gold will hold USD 1800/ounce psychological benchmark in international market
Experts feel persisting risks due to coronavirus, inflation concerns and expectations that ECB may maintain a dovish stance are supporting gold price
Gold prices have witnessed a bounce back from the lows of $1,750 to $1,830 per troy ounce now in the international market
Higher mobilisation along with an increase in folio numbers indicates that gold as an asset class has been attracting a greater number of investors
The tenure of the bond is for a period of 8 years with an exit option after the fifth year to be exercised on the next interest payment dates
Analysts feel that having a bit of gold in the portfolio can help provide stability in the current situation by cushioning the downside
DRI said duty-free gold that was allowed to be imported into India was not utilised by the exporter to manufacture any product
Under the terms of the agreement, both the partners will jointly fund a multi-media marketing campaign that would aim to increase awareness.
The issue price for the sovereign gold bond scheme IV has been fixed at Rs 4,807 per gram of gold.