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gold price per gram today: Gold, silver may bounce back in FY21. Here's a playbook for precious metals in a volatile market - Vimarsana News

gold price per gram today: Gold, silver may bounce back in FY21. Here's a playbook for precious metals in a volatile market

NEW DELHI: After a spectacular run in the pandemic-hit 2020, precious metals have failed to impress despite a volatile beginning in the new fiscal year. Analysts, however, believe that the current consolidation phase is nothing but a normal one after last year's peak. "With fundamentals suggesting lower rates and higher anticipated inflation numbers, gold and silver prices may start their up trend again, attracting attention towards precious metals," Sunil Kumar Katke, Head - Commodity and Currency, Axis Securities, told ETMarkets.com. Last year, gold delivered a return of 45 per cent. Gold p...

Gold is down 11% so far in 2021; time to exit Muthoot Fin, Manappuram Fin? - Vimarsana News

Gold is down 11% so far in 2021; time to exit Muthoot Fin, Manappuram Fin?

Shares of gold financing firms, Muthoot Finance and Manappuram Finance, have traded largely in-line with the benchmark S&P BSE Sensex so far in the calendar year 2021 amid correction in gold prices owing to improving US treasury yields, backed by swift economic recovery. And while gold experts remain bullish on the yellow metal, analysts tracking the two non-bank finance companies (NBFCs) believe near-term headwinds continue to dampen outlook for the stocks. So far in CY21, shares of Muthoot Finance have advanced 9 per cent on the BSE while those of Manappuram Finance have gained around 6...