Gold’s record-setting rally is set to give wings to the largest initial share sale by an Indian jeweler, helping it overcome tumbling demand in the second-biggest consuming nation.
The latest tranche of sovereign gold bonds, which opened for subscription on Monday, closes today. In the fourth tranche of gold bonds of this fiscal, the government is selling gold at ₹4,852 per gram.
The second tranche of gold bonds of this fiscal year (2020-21) will open for subscription tomorrow at a time when the investment demand for the precious metal is rising.
What is the Better Way to Buy Gold – I prefer physical gold myself but own ETF. If you really know what you are doing, you can buy gold mining stocks. The problem is there are hundreds of gold mining stocks in the world, you got to get the right one.
Silver MCX Today Tips – Watch 43750 to High 44049, Intraday Traders Enjoy.
Silver market took a beating with May futures crashing 3% to ₹39,758 per kg. Gold prices in India had surged sharply lastweek rising about ₹3,000 per 10 gram in tandem with a rally in global rates.