Me to friend: Please invest in Gold. It will work over the long term. It will work when equities aren’t doing well. There is a shift taking place in Gold as an asset class. Central Banks have started buying.
Friend: Done.
Why gold going high?????
Only 1 kg of gold is real, but 131 kg of gold is being traded in the market. In the same way, gold has been artificially dumped so that central banks prefer dollars over gold. Now central banks buying gold instead of dollar.
Jewellery fabrication is the most popular use of Gold by a large margin globally and covers almost twice the demand for Central banks and Institutions.
0 replies18 likes
Vishwanath prabhu
Vishlists • 18h
Gold has smashed the ₹1,00,000 barrier.
But a strange story is unfolding behind the headlines: global "fear" is fueling the rally, while traditional Indian "love" for jewellery has cooled.
What does this fragile balance signal for your investment s
Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything
medial should add a feature to angel invest in startups it will not only be a additional revenue but it is the biggest asset a individual middle class Indian owns
2 replies2 likes
jatin mishra
Heyy guys, lets conn... • 12m
I have an idea, creating a platform for buying and selling pets.
Will it work?
Even though the market fell today, our MMI index still jumped from 64 to 67 it's now just a few points away from the 'extreme greed' zone. I have a feeling that even a small move in the Indian market could trigger a noticeable shift in the MMI, espe
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