With Dhanteras around the corner, the age-old tradition of buying gold is on everyone’s mind. But here’s a twist: instead of gold jewelry, more and more Indian investors are opting for Gold ETFs. And the numbers show why! What’s Behind the Gold ETF Boom? In 2024, Gold ETFs have seen a surge in demand, driven …
In India, buying gold and ornaments on Dhanteras is considered lucky and a sign of prosperity. Dhanteras marks the start of the 5-day Diwali festival, which begins on October 29, 2024. The first day, known as Dhanteras or Dhantrayodashi, involves worshipping Lord Kuber and Lord Dhanvantri while purchasing gold, silver, and other items for good …
With Diwali approaching, the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE), and the Multi Commodity Exchange of India (MCX) have announced Diwali Muhurat Trading sessions. In most regions, Diwali will be celebrated on October 31, 2024, while some will observe it on November 1 due to local customs. What is Diwali Muhurat Trading? …
Dhanteras, or Dhantrayodashi 2024, is celebrated 2 days before Diwali, marking the start of the 5-day Diwali festivities. It’s a day when devotees worship Lord Kuber – the God of Wealth, Lord Dhanvantari – the God of Ayurveda and Health, and Goddess Lakshmi – the Goddess of Prosperity. This day is considered highly auspicious for …
Dhanteras is a highly auspicious Hindu festival that marks the beginning of the Diwali celebrations. It falls on the 13th lunar day of Krishna Paksha in the month of Ashwin, and in 2024, it will be celebrated on Tuesday, October 29. The name ‘Dhanteras’ is derived from two Sanskrit words—’Dhan’ meaning wealth and ‘Teras’ referring …
In India, a lot of people study abroad for exposure, for access to global opportunities and well, to land a better salary when they come back home. Some might want to pursue a specialised course in another country. People might also choose to study at premium institutions in-country. Whatever your reasons may be for going …
With the conclusion of the year in December, it becomes imperative to stay attuned to critical financial deadlines that can have far-reaching effects on your financial well-being. As we approach the end of the calendar, several pivotal dates loom on the horizon, encompassing aspects such as mutual fund nominations and the closing window for belated …
Gold prices fluctuated between gains and losses in the domestic futures market on October 23, 2024 morning, due to a stronger US dollar and rising bond yields. Despite this, MCX Gold for December 5 expiry delivery reached a new record high of ₹78,755 per 10 grams, trading at that level around 10:10 am. Uncertainty around …
Gold and silver prices have reached new heights, driven by a confluence of global events, economic uncertainty, and heightened investor demand. In India, gold prices touched a historic peak of ₹80,650 per 10 grams on Monday (October 21), while silver surpassed ₹99,000 per kg in the national capital. This unprecedented surge has prompted investors to …
Digital gold means owning gold in a digital format instead of having physical bars or coins. You can manage it on your phone or computer and buy or sell it using apps or platforms from banks or tech companies. You can even purchase small amounts of gold, making it accessible to everyone. Just be sure …
