Gold prices in India rose on Wednesday and this increase follows gains in international gold prices. The rise in gold rate today comes ahead of the US Federal Reserve’s interest rate decision and growing tensions in the Middle East. On the Multi Commodity Exchange (MCX) the gold rate today went up by ₹300 or 0.43%
The power of words often surpasses that of actions. Finance Minister Nirmala Sitharaman proved it with a single announcement. She cut the customs duty on gold in the Union Budget 2024. This led to a sharp fall in gold prices, Over ₹10.7 lakh crore wipe off in one day. This event marked one of the
The Union Budget 2024 presented on July 23 brought significant changes to the customs duties on precious metals. Finance Minister Nirmala Sitharaman announced a reduction in customs duties for gold, silver, and platinum. This decision is taken to make jewelry made from these metals more affordable. Therefore the gold and silver prices drop have made
As gold prices surpasses the $2,300 mark for the very first time, due to geopolitical tensions and expectation of the US interest rate cuts, China’s role in yellow metal’s demand is now under spotlight. The People’s Bank of China (PBC) continues to lead the race, buying gold for 17 consecutive months. As a result of
As far as investing in equity market is concerned, the mutual fund houses exactly have all the ideas to keep the investors hooked. At time, they plan to launch same kinds of mutual funds but under different names along with different asset allocations, while in others, they intend to include some commodities to see some
Gold and brass are two distinct metals, each possessing unique qualities and characteristics. While gold is celebrated for its timeless beauty and considerable value, brass is a more common metal often used in various applications. If you’re interested in investing in gold or understanding the different types of gold, it’s essential to know how to
There’s an old firefighting tradition of giving and receiving “challenge coins.” Firefighters all over the world begin carrying these coins to show their pride in their jobs and their stations. But where did it all start? Where has this tradition taken us, and where might it go in the future? Keep reading to learn more
Have you ever thought about which are the Strongest currencies in the world? No? You all must be thinking that it is the British Pound (GBP) or U.S Dollar (USD). Well, think again about this, you must be wrong. 180 Currencies are recognized by the United Nations used in 195 Countries in all over the
