#goldupdates

[franky20]

Unlocking the Golden Potential: Everything You Need to Know About Gold Loans

Welcome to Finance News India, your ultimate destination for insightful financial knowledge and updates. In this blog post, we delve into the realm of gold loans, shedding light on their significance, benefits, and essential considerations. Whether you're a seasoned investor or someone exploring financing options, this guide will equip you with comprehensive insights into leveraging gold as collateral for loans.

The Basics of Gold Loans:

Understanding the Concept: What exactly are gold loans, and how do they work?

Eligibility Criteria: Who can avail of gold loans, and what are the requirements?

Loan Amount and Interest Rates: Exploring the factors influencing loan amounts and interest rates in gold-backed lending.

Advantages of Gold Loans:

Quick Access to Funds: The expedited process of obtaining funds through gold loans.

Minimal Documentation: How gold loans simplify the paperwork compared to traditional loans.

Lower Interest Rates: Exploring the competitive interest rates offered by gold loan providers.

Risks and Considerations:

Loan Repayment: Understanding the implications of defaulting on gold loan repayments.

Market Fluctuations: How changes in gold prices can impact the loan-to-value ratio and repayment terms.

Security Measures: Ensuring the safety of your pledged gold assets throughout the loan tenure.

Choosing the Right Provider:

Research and Comparison: Evaluating different gold loan providers based on interest rates, terms, and customer service.

Reputation and Trustworthiness: The importance of selecting a reputable and reliable financial institution for your gold loan needs.

Case Studies and Success Stories:

Real-Life Examples: Examining how individuals and businesses have effectively utilized gold loans to meet their financial goals.

Lessons Learned: Insights from successful gold loan experiences and pitfalls to avoid.

Conclusion: As you embark on your journey to explore gold loans, remember that knowledge is your most valuable asset. By understanding the intricacies of gold-backed financing, you can make informed decisions that align with your financial objectives. Stay tuned to Finance News India for more expert insights and updates on the dynamic world of finance. Unlock the golden potential of your assets with gold loans in india!

[coolmayanksahu]

Now, of course, if gold and silver soar, then so will other commodities like copper, all of which you can find at any gold dealer in Mumbai.

[goldsikkalimited]

Keep up to date with the Live Gold & Silver Prices with the largest and fastest source of gold market news information. Visit: https://Goldsikka.com ​Contact: 9989874992 Android: http://bit.ly/GoldsikkaPlayStore​ iOS: http://bit.ly/GoldsikkaAppStore #gold #goldnews #goldliveprice #silver #silverliveprice #todaygoldprice #todaygoldrate #livegoldprice #goldupdates #goldanalysis #buygoldonline #goldonlineshopping #goldplans #goldsavingplans #goldratenews #goldupdates #presentgoldprice #hyderabadgoldprice

[investmentbulls-blog]

Global Commodity Updates

Gold prices rose slightly on Friday whereas the US dollars gained its highs, Spot gold rose 0.2% to $1,314.23 per ounce

U.S. gold futures for June delivery settled up $2, or 0.2 percent, at $1,314.70.

The dollar index (DXY) backed off its highs, still remaining in the positive territory against a currency basket. Investors earlier bet that the Federal Reserve will continue raising rates while other central banks will continue act more slowly

Spot silver gained 0.6 percent to $16.50 an ounce, ending the week barely changed.

Platinum rose 0.9 percent at $908 an ounce and was on track for a third weekly fall to end the week about 0.3 percent lower.

Palladium gained 0.2 percent at $963.72 per ounce, heading for a nearly 1 percent weekly drop.

Reference: Yahoo news

[thebenjaminkendrick]

We Slay Monsters

Was ist We Slay Monsters? Ein kleines feines Spiel in welchem Ihr mit Kartencombos Gegner besiegen müsst und einen Dungeon von Mostern reinigen müsst. Dieses Spiel zeigt einem das es nicht auf die Grafik ankommt sondern auf das Gameplay bzw. die Idee dahinter. In diesem berechnet sich der Schaden mit den Karten auf eurer Hand, sprich habt Ihr ein Paar, eine Straße oder 3 der gleichen Farbe macht Ihr mehr schaden, als einfluss sieht man hier das normale Pokerspiel. Das klingt zwar beim lesen recht komisch, gibt dem Spiel aber einen gewissen Zufalls und auch einen Taktikaspekt welchem dem Spiel die nötge tiefe gibt. Ausserdem könnt Ihr mit dem verdienten Geld auch eure Stadt verbessern, welche euch dann bessere Ausrüstung, bessere Helden und bessere Karten bieten. Wo wir gerade bei Helden sind, vor jeder Runde gibt es zufällige Helden welche je einen Vorteil mit sich bringen, solltet Ihr sterben ist der Held Tot und Ihr müsst in dem Dungeon erneunt anfangen. Es gibt noch weit mehr über dieses Spiel zu sagen, aber das solltet ihr selber rausfinden (ich sag nur Rüstungaufbessern, Goldupdates, Levelups, die verschienen Gegner, Tagesherausfoderungen etc.). Daumen weit hoch für dieses einzigartige Spiel.

[prithvirajkothari-blog1]

US FEDERAL RESERVE BANK INTEREST RATE CUTS SUPPORTING MARKET GOLD PRICES

The US Federal Reserve bank's recent rate cuts are granting support to the price of gold in the global as well as the international market. The federal reserves have announced that there won’t be any increase in interest rates for import duties and the rates will be reduced to a reasonable count. This emergency move has created a sense of relief for the gold market. Gold traders and retailers expect the situation for the gold market to remain at the pace it is at which is reaching new records high. It is definitely a good situation for the gold market with growing benefits emerging to support the market. Investors are pushed to invest in safe-haven assets as equity markets grow uncertain due to the Coronavirus epidemic.

The virus outbreak in China has led to several trading activities slowing down in the world’s biggest market. The markets closing down in China due to the Coronavirus outbreak as affected the global market as a whole. It has pushed investors to move towards investing in gold and other safe-haven assets. The uncertainty occurring globally in all aspects is proving to be a beneficial factor for the gold market.

The Federal Reserve will be more inclined to cut interest rates now as the President of the United States of America’s Donald Trump finally followed through on his announcement to increase tariffs duties on US imports goods from China. But, the US Federal Reserve won’t be doing it so soon. It has to carry out several processes before it can move the policy change. Due to high import duties, the gold market was at low demand. This interest rate cuts will help smoothen the market activities back to functionality. As the New Year goes further, 2020 has proven to be a good one for the gold market with the unpredictability and uncertainty of the global economy and political agendas.

The deadly Coronavirus has posed as a risk to economic activity in the world. As stated by the Federal reserves that in light of these risks that set strong in the trading and economical activities in China with the world and also in support of achieving the maximum employment. The goal set for price stability, it is stated that the Federal Open Market Committee has decided today to lower the range of the federal funds rate by half a percentage point.

The Federal Reserve action in relation to the interest rate cuts could propose ease between other Central banks around the world. It's the decision was announced hours after Chairman Jerome Powell and finance chiefs from the Group of Seven nations said that they would use all supporting policy tools to achieve strong, sustainable growth and also safeguard the market against any downside risks. The lower rates will help ease the financial conditions by making the payments of debts easier to manage and also calms the volatility in the market. The Wall Street banks are expecting more policy initiatives from the US Federal Reserves. But, so far the gold market is in good positions.

Prithviraj Kothari is the author of this article. Find more information about Prithviraj Kothari.

Click on the links below to check out these other blog articles :

https://prithvirajkotharirsbltd.wordpress.com/blog-feed/ https://prithviraj-kothari.blogspot.com/ https://medium.com/@pkotharirsbl

[financial-argument-blog]

Gold and Silver Saw Healthy Price Rises from The Start of The Week

Gold and silver saw healthy price rises from the start of the week.

Short synopsis on the week for gold and silver prices

This week’s guest is coming up, but fist a short synopsis on the week for gold and silver prices. Especially during the Federal Reserve chairman, Jerome Powell’s press conference yesterday. Concerns over future price inflation and specifically the $1.9 trillion dollars still parked on bank balance sheets from the 2008 bailouts, and their possibly getting fractional reserve lent into the economy were a possible impetus as to why gold prices spiked during the discussion. Gold’s hit its week high price of $1,310 oz and silver briefly touched $17.30 an ounce on Thursday. Both metals price momentums were short lived though, as of this morning a reported 260,000 COMEX gold futures contracts were sold in a 4 hour timeframe representing some $33 billion dollar dollars in notional value traded.  

gold-price

COMEX record levels

The US dollar index reached a 2018 high yesterday vs other long term debasing fiat currencies, yet it wasn’t until many hours later that waterfall defines in precious metal prices occurred. Silver and gold futures trading volumes today will likely reach near the all time COMEX record levels witnessed the day President Trump was shockingly elected in November of 2016. Finding a sensible reasons as to why this sell-off occurred today is unlikely. Most listeners including myself believe this to be yet another currency intervention and systematic buying of time. Precious metal values remain relatively weak in relation to other overvalued asset classes. Gold appears to be finishing the week at $1,280 oz with silver at $16.60 an ounce. Moving along to our guest for the week, Mr. Josh Phair. He is founder of the popular Scottsdale Mint in Arizona. Scottsdale is a world leading manufacturer and distributor of physical precious metals bullion bars, rounds, and legal tender coins. Josh Phair, founder of the popular Scottsdale Mint is our guest on this week's program.

silver-price

Questions covered included:

How did you get into this business of privately striking bullion products? How about the downward price action in gold and silver today? What are the different manufacturing processes between manufacturing bullion bars vs coins and rounds? What are some of the headaches in your business? How long do typical dies last depending on the products? What is your long term vision for precious metals and the bullion industry in general?

dollar-index-spot

Trump-gold-price-intervention-rigging-manipulation  

Gold-and-Silver-are-f-ing-Cheap We want to thank Josh for coming on the show this week Read the full article

[latest-news-pm]

Gold Prices Today: MCX पर सोने ने बनाया नया Record | Commodity Roundup

जानिए आज सोने में कारोबार के updates, MCX पर सोना ₹46,500 के पार  पहुंचा

#GoldPricesToday #GoldUpdates

#CNBCAwaazLive #AajKaTajaKhabar #BusinessNewsLive #StockMarketLive #ShareMarketLiveToday

Catch All The Latest Updates In The Market LIVE Only On CNBC AWAAZ

CNBC Awaaz is India’s number one business channel and an undisputed leader in business news and information for the last 14 years. Our channel aims to educate, inform and inspire consumers to go beyond limitations, with practical tips on personal finance, investing, technology, consumer goods and capital markets. Policymakers and business owners alike have grown to trust CNBC Awaaz as the most reliable source with its eye on India’s business climate. Our programming gives consumers a platform to make decisions with confidence.

Subscribe to the CNBC Awaaz YouTube channel here: http://bit.ly/34bnlEQ Follow CNBC Awaaz on Twitter: https://twitter.com/CNBC_Awaaz Like us on our CNBC Awaaz Facebook page: https://hi-in.facebook.com/CNBCAwaazI...

[coolmayanksahu]

Since the beginning of 2021, gold has witnessed a 5 % drop till date. It has been a rough path for gold as investors rotate out of the safe haven trade into riskier assets said Prithviraj Kothari of RSBL. The gold market continues to struggle as investors focus on the potential for tighter monetary policy and transitory higher inflation pressures.

[netunleashed-blog]

PS4 Weekly Recap: No Man's Sky Next, WWE 2K19 Details, Updates, And More

http://www.internetunleashed.co.uk/?p=23780 PS4 Weekly Recap: No Man's Sky Next, WWE 2K19 Details, Updates, And More - http://www.internetunleashed.co.uk/?p=23780 This week's PS4 news is all about new reveals, sports games, what's next for No Man's Sky, and lots of updates for your favorite titles.In the sports game department, we saw updates about all the biggest 2019 games, including NBA Live 19, NHL 19, PES 2019, and WWE 2K19. H1Z1 is releasing soon on PS4, and Fortnite's Playground Mode is finally back with some much-needed improvements. Shadow of the Tomb Raider went gold this week alongside a new look at the gameplay in the hub village of Patiti. If you're looking for more Fallout 76 news, keep your eyes peeled for more details at this year's Quake-Con. In light of Bethesda's upcoming multiplayer title, it is committing to single-player and is asking fans to be patient regarding Elder Scrolls 6.No Man's Sky's "Next" update is here. The game has been updated visually as well as delivering multiplayer and a new creative mode to take out tedious resource mining. Its designer admitted that he "made some mistakes," when the game initially launched. Now that it will see weekly updates, there's some hope for the galactic exploration title yet.Forthcoming ReleasesNew Shadow Of The Tomb Raider Gameplay Footage Shows Off Hub World, Alpaca-Petting, And MoreSpyro Reignited Trilogy Lets You Choose Between Original And Remastered SoundtracksRed Dead Redemption 2 Strategy Guides Revealed, Including A Collector's Edition1930s Co-Op Shooter Strange Brigade Release Date And Season Pass AnnouncedFortnite Funko Pops Are Coming, Of Course [Update: See The First One]Mario Kart-Inspired Game With Nickelodeon Characters AnnouncedNBA Live 19's The One Career Mode Takes You Around The WorldPES 2019 Demo Release Date Announced For PS4, Xbox One, PCPS4's Free-To-Play Battle Royale Game H1Z1 Releases Very SoonNew Fallout 76 Details Will Be Announced At QuakeCon 2018NHL 19 Will Have Some Painful-Looking Hits, See Them HereEarn The Division 2 Rewards By Playing The First Game NowDestiny 2: Forsaken Trailer Shows Off Gadgets And GunsWWE 2K19 $130 Ric Flair Collector's Edition RevealedNew SoulCalibur 6 Trailer Shows Off VoldoShadow Of The Tomb Raider Goes GoldUpdates and DLCDragon Ball FighterZ Shows Off Newest DLC Characters, Base Goku And VegetaRainbow Six Siege Operators Get New Mission In Ghost Recon Wildlands UpdateNo Man's Sky Adding Weekly Content Following "Next" Multiplayer UpdateFortnite Birthday Update Offers Bonus Rewards And Challenges, Here's WhenOverwatch Torbjorn Update Will Make Him More Useful On OffenseFortnite SMG Update Is Out; Full Patch Notes Detail What's NewRainbow Six Siege Update Out Now; Here Are The Patch NotesNew Metal Gear Solid 5 Update Lets You Play As QuietNi No Kuni 2 Season Pass DLC Details RevealedBetas and EventsNHL Open Beta Hits PS4 And Xbox One, Lets You Try New Pond Hockey Mode And MorePlay A Free Hitman Level For A Limited Time On Xbox One, PS4, And PCFortnite Playground LTM Returns Very Soon With New ImprovementsFallout 76 Beta Launches In October, Will Start Out SmallDealsGet Extra Cash For Trade-Ins At GameStop For A Limited Time In The USNintendo Switch, PS4, Xbox One Deals At Best Buy This Week In The USPS4 Deals: New Winter Sale Begins In Australia With Lots Of DiscountsAll The Video Game Deals At GameStop This Week In The USPS4 Deals: Best Games On Sale On The US PlayStation StoreBlack Friday In July Sale Now Open To Everyone (US Only)All The Best PS4 Deals Of The WeekCool StuffCanceled Rainbow Six Game Patriots Is Referenced In Ghost Recon: Wildlands' New UpdateFallout: Miami Would Be Pretty Cool, This Mod ShowsIndustryBethesda Commits To Single-Player, But "Be Patient" For Elder Scrolls 6, Bosses SayAfter Fortnite's Success, EA Says It Might Make A Free-To-Play Battle Royale GameVideo Games As Olympic Sports? IOC Hosts Gaming Forum To Discuss ItHarvest Moon Creator Explains What Makes His New Game SpecialBioWare Veteran Says Anthem "Conspiracy Theories" Are Not TrueFortnite Makes $2 Million Per Day On Mobile, Report SaysFortnite Studio Founder Is Now A Billionaire - ReportNo Man's Sky Designer Admits "I Made Mistakes" Source link

[takiokaybusiness]

How to do GOLD investment with Gold ETF and E GoldUpdated on

How to do GOLD investment with Gold ETF and E GoldUpdated on

 December 5, 2011

ansonabey  more

Contact Author

Gold ETF and E-Gold are the current trend in gold investment. It is advisable to spend money in Gold ETF or E-Gold if you are willing to earn money through investment methods. From ancient times onwards gold is considered as the primary asset for humans. There will not be a primary reason for one to buy gold. Some will buy it as ornaments others will consider it as a materialized form to show their wealth. Anyway the interest for man in gold will never perish. Here the main trends in the gold investment Gold ETF and E-Gold along with its essentialities are discussed.

Physical gold could be purchased from any of the bank or even from the jewellery shop. A gold investor would not prefer these options. Investors cannot sell it back to bank. In regards to jewellery investor is always considered about running the quality risk. So he prefers Gold ETF or E-Gold.

Main option in gold investment is provided by Gold ETF. An ETF is an Exchange Traded Fund; it is traded on major stock exchanges. Gold ETF will purchase a large amount of gold, maintaining the physical metal in storage. The will issue shares in parts. The idea behind is that the value of the shares will increase with the price of gold. If the price of gold rises up by 10%, the individual shares would increase in the same by 10%. Gold ETF is an instrument traded on stock exchange. The instrument is managed by fund manager. Typically 90% of total fund is towards investment in physical gold and rest in the instrument as decided by the fund manager which is fixed in future. Fund house will claims that Gold ETF also allows delivery of the physical gold against the surrender of Gold ETF units. One unit of Gold ETF is approximately equivalent to 1 gm. Here one should note that NAV is not a true reflection of Gold price. If one would like to take the delivery in physical form he has to make cash payment separately.

Best Gold ETFs in India

Gold Benchmark ETF

Axix Gold ETF

HDFC Gold ETF

ICICI Prudential Gold ETF

Kotak Gold ETF

Quantum Gold ETF

Reliance Gold ETF

Religare Gold ETF

SBI Gold ETF

UTI Gold ETF

Recent price hikes in gold provide opportunities for customers to deposit funds in gold. All National agencies have launched a unique investment product in gold on its platform. Small investors will get chance to invest in gold in smaller denominations. E-Gold gives opportunity for Investors to invest in gold (minimum 1 gram). NSEL (India) came with the objective to develop a convenient and cost effective platform to buy and selling physical gold by providing an option of holding gold electronically (using Demat account). This is helpful; it will reduce the cost in holding the physical gold. People can trade and invest in gold just like shares. E Gold is traded on National Spot Exchange and available in exactly multiples of 1 gm without any charges towards storage or any other accounts. This product is designed specifically looking at the investor’s requirement.

How gold price will increase in coming years?

There are three reasons which can be described to show that gold price will increase in upcoming years.

After recession global finance is not yet recovered to its stable state. In this situation people all over the world find gold as a secure investment material. Due to this gold price will increase in the future.

Petrol price hike and the decrease in the value of dollar will also help in the increase of gold price.

Gold mining requires huge investments. New gold mines are not discovered, so more investment is needed to extract gold from currently used mines. Thus the production cost of gold increases which will directly increment the gold price.

Is it advisable to invest money in Gold ETF or E Gold while the price is increasing?

There is nothing wrong in spending money to buy gold or investing in Gold ETF. But consider how much money to be used for purchasing gold or for investing in ETF. If one is well known about Mutual Funds and Shares, it is advisable for such person to invest money not only in gold but also in Shares and Mutual Funds. Financial planners are saying only to use 10% of fund kept for investment. It can be raised up to 20% if one person is interested more in gold. Rather than fully depending on Gold ETF or E Gold it is profitable to invest money in Shares and Mutual Funds.

Caerleon 5 years ago

Investors looking to use gold as a means of securing a greater level of financial stability, and shielding their "nest egg" against inflation should potentially consider looking to physical gold, rather than ETFs, as there is greater security.

ETFs are better for those looking to actively trade and profit from their gold.

Regards,

Caerleon http://howtoinvestingold.org/how-to-buy-gold-for-i...

InGoldWeTrust 4 years ago from Colorado

The Problem with ETFs is that you don't know that they actually have the gold they say they have. Central Banks, ETFs and Bullion Banks all engage in gold leasing. They lend it to someone else but still have to keep it on their books. It is not clear once it is lent who then owns the physical at that moment. If you ring up the ETFs they will say they own the gold but do they really

[harreymartin-blog]

MCX Goldm July contract trades lower

Goldm prices on MCX were trading lower. At 14:24 hrs MCX GOLDM June contract was trading at Rs 26060 down Rs 175, or 0.67 percent. The GOLDM rate touched an intraday high of Rs 26217 and an intraday low of Rs 26026. So far 23904 contracts have been traded. GOLDM prices have moved down Rs 4081, or 13.54 percent in the June series so far. MCX GOLDM July contract was trading at Rs 26046 down Rs 159, or 0.61 percent. The GOLDM rate touched an intraday high of Rs 26212 and an intraday low of Rs 25991. So far 3699 contracts have been traded. GOLDM prices have moved down Rs 3954, or 13.18 percent in the July series so far. MCX GOLDM August contract was trading at Rs 26096 down Rs 148, or 0.56 percent. The GOLDM rate touched an intraday high of Rs 26252 and an intraday low of Rs 26044. So far 907 contracts have been traded. GOLDM prices have moved down Rs 1254, or 4.59 percent in the August series so far.

gold trading tips

commodity trading tips for today

[coolmayanksahu]

Don’t let the highs and lows of gold deter you from saving in it. If you are planning to save in gold, here’s when you should. There’s no right time to take a position in gold. You invest in gold for a long period, for around three to five years.

[coolmayanksahu]

Prithviraj Kothari, Managing Director of Riddhisiddhi Bullion Ltd (RSBL) is rightfully known as Bullion King of India showcasing his challenges faced.

[coolmayanksahu]

Despite the current high-growth, inflationary environment, the proposed Fed rate hikes are not expected to set in for at least another 18 months. So after a little bit more weakness here, gold prices will regroup and push higher, says the bullion king of India, Prithviraj Kothari.

[coolmayanksahu]

My advice for short term investors is to not wait too long for the price to fall to buy. As and when the price dips, they should buy gold as the metal will continue to give good returns in the long run.