Posts Tagged “gold”

Why Uday Kotak believes equity beats gold investments

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Why Uday Kotak believes equity beats gold investments

New Delhi: Gold has historically been a favoured asset class for Indians but billionaire banker Uday Kotak believes there should be a new policy that will reset investor priority to equity, a more productive asset than the precious metal. Kotak said in a series of tweets on Monday why pouring Indians’ savings into gold was not…

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Gold loan vs personal loan: Which one to opt for?

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Gold loan vs personal loan: Which one to opt for?

Personal loan tenures are relatively short, which explains them not requiring collateral. Planning on a big-ticket spend but don’t have the money to bankroll it all? Or facing a family emergency and your savings are insufficient to bail you out? A fair few of us who have been in suchsituations feel that the most feasible…

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Gold loan or personal loan: Which one should you choose?

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Gold loan or personal loan: Which one should you choose?

As per RBI guidelines, up to 75 per cent of the value of the gold in the jewellery can be given as a loan. It is done after checking the purity of the metal and then ascertaining the market prices of gold. Representative Image New Delhi: Gold loan is a scheme where the applicant can avail…

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February gold import in Ahmedabad plunges 73%, silver 99%

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February gold import in Ahmedabad plunges 73%, silver 99%

Continuing the weak show, gold import in Ahmedabad fell by almost 73% in February, while silver import declined by over 99%. GSECL, which handles cargo at Ahmedabad airport, said that 2.05 tonne gold was imported at the airport in February 2019, 73% lower than 7.50 tonne in the same month of the previous year. February…

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