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๐ฐ Gold Isn't Always Golden: A Look at Past Corrections in INR ๐ฎ๐ณ Gold has long been considered a safe haven, but even the most reliable assets see their fair share of corrections. ๐ Here's a quick look at some major dips in gold prices in India over the years: ๐น 1981โ1982: From โน1,800 โก๏ธ โน1,645 Reason: Stabilization after the global gold boom. ๐น 1996โ1998: From โน5,160 โก๏ธ โน4,045 Reason: Strong US dollar and low global inflation. ๐น 2012โ2015: From โน31,050 โก๏ธ โน26,343 Reason: Global gold price slump & rising USD strength. ๐น 2020โ2021: Pandemic high of โน48,651 plateaued at โน48,720 Reason: Correction post initial Covid-driven rally. ๐น 2024 Correction: From โน79,775 (Oct) โก๏ธ โน73,300 (Nov) Reason: Consumer resistance to high prices, increased discounts. ๐ Gold has surged over the decades, but understanding these corrections is vital for any smart investor. Itโs not just about when to buy, but also why. ๐ก Are you tracking gold as a long-term asset or watching for short-term movements?
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Many people might think that the fall in gold prices is due to that research report, but let me clarify, that's not the case. Look, the reason behind gold's decline is something else. The biggest reason is profit booking, and the second reason is mar
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Goa - Dream vacation spot or just overpriced & overhyped .... Goaโs tourism industry has always been a major attraction for investors, especially those looking to own villas as a lucrative investment. But recent data paints a different pictureโtour
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"Big Changes in Credit Score Rules by RBI โ Hereโs How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Hereโs what you need to know: โ Credit Score Updates Ev
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The Indian stock market has witnessed a steep decline, with the Sensex plummeting by more than 4,000 points, erasing over Rs 40 lakh crore in market capitalisation. This has left investors anxious, with many questioning whether this is merely a corre
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Stock Market Wrap 11 July 2025 Indian markets had a tough day Both Sensex and Nifty were deep in the red Sensex dropped almost 690 points and Nifty fell over 200 The main reason Weak numbers from big tech TCS reported a 3 percent fall in revenue i
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Never took any money for 15 years and built an 8900 CR company. 1. Born in Chennai to an accountant father and a homemaker mother, Venkat Viswanathan was always interested in technology. So much so that in 1990, while studying engineering at IIT Mad
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Started the business at 17 when his father died and built a 60,000 CR empire. 1. At just 17, after he passed away, Nirmal Minda had to join his father's (Shadilal Minda) automotive parts business, Minda Industries. It produced ammeters for vehicles
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Meet the woman who sold her company to Reliance for 100 CR. 1. The lack of educational opportunities in the small town of Amritsar in Punjab forced Ritu Kumar to move to Shimla. She worked so hard that she received a scholarship to study art history
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