The government should partner with commodity exchanges such as MCX.
00 hours. The overall investors' wealth, measured in terms of valuation of all listed stocks, was down by nearly Rs 6 lakh crore in early morning trade, from nearly Rs 111.44 lakh crore at the end of Tuesday's trade.
Of the 1,000 surveyed by IIM-A, only five were aware about the government-sponsored gold schemes
India imports a staggering 1,000 tonnes of gold every year, draining out foreign exchange and putting pressure on the fiscal deficit.
A Ganesh Nadar/Rediff.com speaks to common folk in Tamil Nadu about whether they will invest in Arun Jaitley's gold monetisation scheme. Their reactions will not make the Union finance minister happy.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
The scheme calls for banks, refineries and hallmarking centres to work together.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal Bandyopadhyay.
Govt proposes to introduce redeemable gold bonds.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
Jewellers see flat gold sales this Dhanteras
Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.
For easy and wide access, the government plans to market the bond through post offices and various brokers.
The Bureau of Indian Standards has certified 33 hallmarking centres in the country to act as collection and purity testing centres for the gold monetisation scheme.
Chirag Mehta, senior fund manager -- alternative investments at Quantum AMC, shares his views.
The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars
It's good for diversifying portfolio and saving for long-term goals
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
Gold has risen sharply due to rising risk aversion
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
A workshop has been organised in Mumbai to come up with suggestions.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
It makes sense to wait for govt schemes such as gold bonds.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Gold stocks in India are estimated to be over 20,000 tonnes at present.
The recently approved government scheme provides both liquidity and returns.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Finance Minister must be hoping that Indians get over gold-addiction.
Gold schemes are offering attractive returns to investors.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
Equity investments are fruitful over the very long 20-year term.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances