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5 mins read
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…
2 mins read
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
5 mins read
Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs
As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…
2 mins read
AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024
Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…
2 mins read
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
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
2 mins read
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
2 mins read
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
4 mins read
Gold Rates Today (June 26, 2024): Latest Prices in Major Cities
Gold rate on Wednesday saw a decline across India. In Delhi, the price of 10 grams of 24-carat gold…
3 mins read
Bonds will weigh on gold this quarter, diversify gold holdings say experts
In a world of uncertainties, the prices of gold have held steady since April this year. That’s unti…
4 mins read
India the third biggest gold buyer in May, after Switzerland and China: WGC
According to the World Gold Council's latest commentary, the month saw a resurgence in inflows, pri…
ANI
3 mins read
Gold loses sheen in August as economic data shows no sign of slowdown
Gold is not glittering all that much as central banks continue to hike rates and bond yields contin…
1 min read
Gold price hits an all-time high as bets on rate cuts and a Trump win fuel the precious metal
Gold climbed past its all-time record, reaching over $2,465 on Tuesday. Investors are buying the me…
Filip De Mott
4 mins read
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
2 mins read
Inflows into equity mutual funds hit a 4-month low in April: AMFI
The last time the inflows were lower than April were in November 2022, when the flows stood at a…
3 mins read
Gold demand dips 13% globally in Jan-Mar quarter says World Gold Council
Global gold demand declined by 13 per cent year-on-year to 1,080.8 tonnes during the January-March …
PTI
1 min read
Bitcoin is replacing gold in investor portfolios
By one measure, bitcoin's allocation in overall portfolios overtook gold when its price hit $45,000…
Filip De Mott
3 mins read
Gold rush to continue as experts expect prices to touch ₹70k/10g, staggered investment advised
The yellow metal hit another new life high last week. Even as its prices hover around ₹67,000 per …
1 min read
The Chinese are piling into gold as stocks falter and the property market crumbles
The rush to the safe haven asset indicates uncertainty around China's financial health as stocks sl…
Aruni Soni
2 mins read
Vanguard CEO says asset-management giant won't pursue a bitcoin ETF, unlike rivals
Rivals such as BlackRock and Fidelity are waiting to get their applications for a spot bitcoin ETF …