Author: Pratik
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Unlocking Opportunities: How to Invest in Gold, Sovereign Gold Fund, and Gold Bonds
Introduction Gold imports in India amount to approximately $36 billion, and this figure has been on a rising trend for many decades. While gold importation offers numerous benefits such as meeting demand, investment diversification, and cultural significance, its negative impacts are substantial, including trade deficit, currency depreciation, current account deficit, capital outflow, and more. India’s…
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Why should you buy Gold?
Gold is a valuable addition to a well-diversified portfolio for several reasons. Here’s why:- Hedge against Market Downturns: Gold provides stability and protection during economic uncertainty, serving as a hedge against equity market downturns. Inverse Correlation with USD: Historically, gold has shown an inverse correlation with the value of the U.S. dollar, acting as a…
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Britannia Industries
Britannia forming classic Cup and Handle pattern. Breakout above 5387. Today was the result and it fell nicely, But still pattern formation is still in place.