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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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Election fever? Equities and SIP inflows mark record highs in May, per AMFI data

The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…

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1 min read

Sebi launches Saa₹thi 2.0 mobile app on personal finance for investors

The app includes financial calculators and has modules that introduce and explain KYC procedures, m…

PTI   


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Gold is outperforming tech stocks this year, and investors should keep buying, BofA says

The juxtaposition of record-high gold prices amid investor outflows from the metal is "explained on…

Matthew Fox   


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Ether could surge 60% after ETFs are approved, trading firm says

"The market is expecting fireworks," QCP Capital said of the potential spot ethereum ETFs, which co…

Filip De Mott   


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A quirk of popular technology ETF has created a $21 billion showdown between Apple and Nvidia

The XLK tech ETF has seen big underperformance as diversification rules have limited Nvidia's posi…

Matthew Fox   


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Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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Traders have poured $5 billion into leveraged Nvidia ETFs. They're up 425% even after the stock's big wipeout.

The success of single-stock ETFs that track Nvidia has yet to spill over to other leveraged ETFs th…

Matthew Fox   


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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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A new ETF offers investors '100% downside protection' on the stock market. The catch is that it also limits upside.

"There's no free lunch here, so a cap of right around 9.65% is what we're seeing now, with 100% pro…

Matthew Fox   


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1 min read

Merrill and Wells Fargo are taking Bitcoin ETFs even more mainstream

Bank of America's Merill and Wells Fargo are offering some of their clients bitcoin exchange-traded…

Lloyd Lee   


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Chinese stocks stage their biggest rally in years

Chinese stocks staged their biggest rally in years on Tuesday, after the country's sovereign wealth…

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4 mins read

Gold ETFs vs sovereign gold bonds: Which one should you choose now?

old has had a good 2023 with gold prices having gone up 14% in 2023. Furthermore, the yellow metal …

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Festive shine: Gold ETF inflows hit 16-month high at ₹1,028 crore in August

Gold exchange-traded funds (ETFs) attracted Rs 1,028 crore in August, making it the highest inflow …

PTI   


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Bitcoin could soar 266% to $250,000 next year if ETF inflows stay strong, Standard Chartered says

Bitcoin could hit $250,000 next year before settling back to a range near $200,000, Standard Charte…

Filip De Mott   


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It looks like bitcoin ETFs were a 'sell the news' event after all

Bitcoin has tumbled since the SEC approved the spot bitcoin ETFs, erasing gains from December to tr…

Phil Rosen   


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1 min read

BlackRock's bitcoin ETF draws $520 million in a day as latest rally pumps up investor enthusiasm

BlackRock's bitcoin fund saw an influx of $520 million in a single day, the second-largest inflow f…

Yuheng Zhan   


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No, you can't buy Berkshire stock at a 99% discount — the stock exchange glitched

The New York Stock Exchange will cancel trades made after a glitch caused trading halts for 40 stoc…

Shubhangi Goel   


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Bitcoin tops $50,000 for the first time in 2 years as ETF demand grows and investors anticipate rate cuts

The token has jumped amid a broader risk-on shift in markets as investors get ready for the Fed to …

Yuheng Zhan   


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Inflow into Gold ETFs drop to Rs 175 crore in September

The quantum of inflow into gold exchange-traded funds dropped to Rs 175 crore in September after hi…

PTI