by AIP Online Bureau | Apr 15, 2024 | Data, Wealth Management/ Philanthropy
“Concerns over the length and breadth of the equity rallies worldwide have led some investors, including large institutional investors, to hedge their bets by safeguarding equity portfolios with some gold,” global bank HSBC said in its research note New Delhi:...
by AIP Online Bureau | Mar 8, 2024 | Eco/Invest/Demography, Facts, Health
“It is known to slow down the collagen depletion and stimulate cell regeneration. gold bhasma is an extremely powerful age-defying agent as it improves metabolism, tones up muscles, strengthens underlying tissue, bones, nerves, etc,” R P Parasher, National...
by AIP Online Bureau | Jan 2, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“We expect an eventual rise to USD 2,400 in 2024, and if the rupee is to be stable, gold is likely to reach around Rs 70,000 levels. As India faces elections, the rupee could weaken as Foreign Institutional Investors (FIIs) are expected to lighten up their...
by AIP Online Bureau | Aug 1, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“We remain cautious about gold demand as it faces uncertainties due to elevated local prices and slowdown in discretionary spending,” said Somasundaram PR, regional chief executive officer of WGC’s Indian operations Gold demand in 2023 could fall 10%...
by AIP Online Bureau | Jul 24, 2023 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
The survey covered 142 districts across 21 states. India is the second-largest consumer of gold (in the form of jewellery) in the world and an average Indian household invests 11 per cent of its overall holdings in the precious metal, as per the study paper Households...
