Gold charges inch higher, method document highs; silver charges up

Gold charges in India today edged higher to be lower back close to reporting highs. On MCX, August gold futures had been up 0.07% to 34,908, after growing to ₹34,928 at consultation excessive. Last week, gold futures had hit a document excessive of ₹35, a hundred forty-five. Similarly, October gold futures have been up zero.06% […]

UBS Upbeat On Gold But Says ‘Caution Remains Warranted’

UBS is upbeat on gold but offers a few warning for the quick-term. The metal hit a fresh six-12 months high this week on dovish Federal Reserve remarks. UBS said that worldwide financial policy uncertainty has expanded since the monetary crisis, probably an end result of shifting politics, boom fears and populism. “Risks to the […]

Wall St., Main St. See Gold Prices Maintaining Upward Momentum

(Kitco News) – Wall Street and Main Street search for gold to maintain constructing on its current gains, in step with the weekly Kitco News gold survey. The metallic hit a fresh six-12 months high in display screen trading after renewed dovishness from Federal Reserve officials Thursday. “Gold has no longer most effective endured its […]

Gold prices hit document excessive, silver charges keep to surge

Gold prices nowadays surged to document highs in Indian markets, reflecting a worldwide toning fashion. On MCX, gold costs hit a new high, after August contracts surged zero.65% to ₹35,409 in line with 10 gram. Similarly, October gold contracts approached ₹36,000 mark when they surged over 0.7% to ₹35,965. Tracking gold, silver charges additionally zoomed […]

Gold expenses stay close to record high, silver quotes surge

Gold expenses these days remained constant in India near document highs while silver rates endured to surge. On MCX, August gold contracts have been these days trading better at ₹35,094, after hitting a brand new high of ₹35, a hundred forty-five closing week. The October gold contracts have been close to ₹35,600. The September silver […]

Selling inherited gold? Income tax policies you ought to recognise

Gold fees have hit new highs in India. If you’re looking to coins in on higher fees, you ought to recognise the profits tax implications. Apart from physical forms like jewellery, cash and bars, gold also can be held in digital forms like gold ETFs or exchange-traded finances (ETFs), gold mutual budget and sovereign gold […]

Asia Gold: Consumers cash in on fee rally, some transfer to silver

Consumers in leading Asian hubs continued to promote off bodily gold this week, with a few switching their holdings to silver, after a bounce in expenses that also attracted hobby from buyers having a bet similarly profits. Global benchmark spot gold passed $1,450 an oz. For the first time in extra than six years on […]