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Get latest articles and stories on Latest News at LatestLY. Realty stocks were in the limelight on Thursday, with Sobha Ltd rising sharply by over 16 per cent, amid an overall optimistic equity market. Latest News | Realty Stocks on Fire; Sobha Jumps over 16 Pc.
MCX prices may move towards Rs 64,000 to Rs 66,000 per 10 gram in 2024 and crucial support lies at Rs 56,000, Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart observed.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns, continuing the 2022 trend driven by pent-up COVID demand. Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectively. 'Gold and silver are good for portfolio diversification, especially in times of geopolitical turbulence.
A study shows that on an average, gold has returned 11 per cent CAGR in the last 20 years.Gold is an efficient asset class that provides safety and acts as an efficient hedge against inflation, hence it is better to invest in a portfolio that ...