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Gold Giant Gains to Record as India’s Tax Shift Seen as Plus
Gold Silver Reports — Titan Co. Ltd., India’s top maker of branded jewelry by market value, expects sales from its Tanishq stores to rise 30 percent this fiscal year as the country’s tax overhaul helps to attract more customers and the company expands its network. The shares rose to a record even as bullion prices fell.
Dalio Recommends Gold as Hedge Against Rising Political Risk
Gold Silver Reports — Hedge fund manager Ray Dalio recommends investors consider placing 5 percent to 10 percent of their assets in gold as a hedge against current political and economic risks.
India Allows MCX to Start Trading First Options Contract in Gold [2017]
Gold Silver Reports — The MCX (Multi Commodity Exchange of India Ltd). said it will start the country’s first gold options contract, about a year after the market regulator permitted options trading in commodities.


