What is the Best Investment Option for 2016? It is one of the most difficult question to answer. However, let’s try to get answer of this question. The year 2015 is about to end, with a lot of hopes and happiness we will be soon entering in 2016. The year 2015 was an average year for the investors. Equity, Gold and real estate most promising investment options were unable to perform in 2015. Sensex generated returns of -7.16% this year. […]
Today is dhanteras and you must be planning to buy Gold. Well, this dhanteras is somewhat special as you have option to buy gold in paper form also. Yes, I am talking about Gold Schemes which are launched recently by Prime Minister Narendra Modi. Name of this schemes are (1) Gold Monetisation Scheme (2) Sovereign Gold Bonds and (3) Indian Gold Coin scheme. Gold Monetisation Scheme Gold Monetisation scheme is also known as GMS. GMS allows an individual to deposit […]
Cabinet recently approved Gold Monetization Scheme and Sovereign Gold Bonds. The prime objective behind the launch of Gold Monetization Scheme and Sovereign Gold Bond is to reduce Import of gold and reuse the gold lying idle in lockers of Indians. It is estimated that around 24,000 tonnes gold are lying into the locker or at household. The second objective behind the launch of this scheme is to make gold productive asset. Currently, gold is a non-productive asset. Under this scheme […]
Gold is yellow shining metal. Historically gold have outperformed over all other asset class and given very good returns. Gold is believed as safe heaven since ancient times. Investment in gold can be done in various forms like gold ornaments, gold bullion, gold etf etc. Here is 5 Best reasons to own gold. 5 Best Reasons to Own Gold Diversify Portfolio Most simple reason to own gold is to diversify portfolio. By owning different asset class and securities, an investor […]
Gold is believed as safe haven by many investor. Historically gold is giving very good return to investor but since one year gold is losing shine. In year 2013 gold price dropped by 18%. Many gold analyst predicted that gold price will touch to 35000 Rs/- in 2013 but touching that level by gold is still dream. Highest level touch by gold in India is 33000 Rs/-. Current Gold price in India is 28300 Rs/- per 10 gm.Now million dollar […]