Dimon expressed a measured view on gold ownership whilst acknowledging its potential value in current circumstances. Jamie Dimon, the JPMorgan Chase & Co CEO, who is long known to be a skeptic on gold investment, has said that he now sees a ‘semi-rational’ in having the yellow metal as part of your investment portfolio.Gold prices…
As Diwali and Dhanteras approach, gold continues to remain a preferred investment and a symbol of tradition in India. While most consumers buy gold in the form of jewellery, coins, and bars during the festive season, digital gold has been attracting attention from investors seeking convenience and systematic wealth accumulation.Digital gold allows investors to benefit…
Russia maintains its position as India’s primary oil supplier, contributing 34% of incoming deliveries in September. (AI image) Will India stop buying oil from Russia? US President Donald Trump has claimed that PM Narendra Modi has assured him that India will stop Russian crude. The Ministry of External Affairs has denied being aware of any…
Silver rate today: Silver prices rebounded sharply on Thursday, rising by Rs 2,000 to trade near their record high at Rs 1,84,000 per kilogram (inclusive of all taxes) in a volatile session, after touching a lifetime high of Rs 1,85,000 per kg on Tuesday.Spot silver was marginally up at $53.05 per ounce, following Tuesday’s record…
NEW DELHI: Russia remains confident that its energy partnership with India will continue, deputy Prime Minister Alexander Novak said on Thursday, a day after US President Donald Trump claimed that Prime Minister Narendra Modi had assured him that New Delhi would stop buying Russian oil.“We continue to cooperate with our friendly partners. Our energy resource…
Gold prices surged to an all-time high ahead of Diwali and the wedding season, with buyers showing a growing preference for solid bullion such as coins and bars rather than traditional jewellery, traders said on Thursday. The price of gold on MCX touched Rs 1,28,395 per 10 grams during the day.“Gold prices are increasing every…
IT services major Wipro on Thursday reported a marginal increase in its consolidated net profit to Rs 3,246.2 crore for the July-September quarter, up from Rs 3,208.8 crore in the year-ago period, according to a regulatory filing with stock exchanges.Revenue from operations for the quarter rose 1.7 per cent to Rs 22,697.3 crore, compared with…
Silver prices in Chennai crossed the Rs 2 lakh per kilogram mark on Thursday amid surging festive demand and a strong global rally in precious metals.According to data from Goodreturns, quoted by Economic Times, silver stood at Rs 2,06,000 per kg, or Rs 206 per gram, in the city’s physical market, marking a nearly 28%…
The Reserve Bank of India (RBI) on Thursday announced the final redemption price of Rs 12,567 per gram for the Sovereign Gold Bond (SGB) 2017-18 Series III, which is set to mature on October 16, 2025.The tranche, originally issued on October 16, 2017, had been open for subscription between October 9 and 11, 2017. The…
Gold is also likely to remain a safe-haven asset, supported by concerns over rising and potentially unsustainable debt levels. (AI image) Gold rate today: Gold prices are continuing their record run, with yellow metal rising to Rs 1,28,395 per 10 grams in MCX Gold futures trading. Internationally, gold prices crossed the $4,250 per ounce mark.Gold…
