Mumbai: As the Indian stock market ended Samvat year 2080, investors’ wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year. This made Samvat 2080 the biggest wealth-creating year on record, banking upon a stable government, strong fundamentals s and … Read more
Gold prices in Dubai, United Arab Emirates (UAE), jumped to a new record high on Thursday morning, October 31, the day of the Indian festival—Diwali. The Dubai Jewellery Group data showed a 24-carat gold rate trading at Dirham 337.25 (Rs 7,720.72) per gram in the morning of the markets on Thursday as compared to its Wednesday night, October 30, closing … Read more
A Chinese wedding has many of the trappings of a Western marriage and in addition rituals, traditions and matters of etiquette to follow. In our series on Chinese weddings, we break these down and tell you how to get everything right. Gold symbolises fortune, power and longevity in Chinese culture, so it is no surprise … Read more
Last Updated:October 25, 2024, 18:01 IST Traders says tepid demand from jewellers and retailers in the local markets and a weak trend in the overseas markets weighed on gold prices. Gold prices today. Gold price dropped Rs 1,150 to Rs 80,050 per 10 grams in the national capital on Friday on slackened demand from jewellers … Read more
SINGAPORE: A foreigner who led an 80-man illegal gold mining operation in Indonesia’s West Kalimantan has been sentenced to five years’ jail and a 50 billion rupiah (US$3.2 million) fine for mining without a permit. The Chinese national, identified only as YH by the Indonesian authorities, was arrested in May and will serve an additional … Read more
New Delhi: Gold prices declined by Rs 200 to Rs 78,100 per 10 grams, snapping a 10-day winning streak, in the national capital on Tuesday, according to the All India Sarafa Association. The precious metal closed at Rs 78,300 per 10 grams on Monday. However, silver remained flat at Rs 92,500 per kilogram on Tuesday. … Read more
Movie Title: Something Like Gold Language: English Running time: 1 hour 46 minutes Release date: 2024 Streaming platform: Netflix Director: Kayode Kasum Cast: Sandra Okunzuwa, Mercy Johnson, Kunle Remi, Timini Egbuson, Samuel Perry, Patrick Doyle, Segun Arinze, Bukky Ogunnote, Olayemi Soyeju, Waliu Fagbemi, Teni Aladese Article Page with Financial Support Promotion Nigerians need credible journalism. … Read more
Scion Asset Management founder Michael Burry is known for betting against the housing market during the 2008 financial crisis. The trade, which netted him $700 million, was chronicled in the award-winning film Big Short. His contrarian approach and unique foresight also prompted trades like buying water assets, forecasting future scarcity, and investing in GameStop before … Read more
Tangible assets like gold appreciate over time because they are limited in supply, have universal demand, and are highly exchangeable worldwide. Gold has been seen as a sign of wealth for many centuries. Its intrinsic store of value and negative correlation to stock markets have made it one of the few asset classes that reached … Read more
American businessman and the author of “Rich Dad Poor Dad,” Robert Kiyosaki, indicated in multiple posts on X this month that the best time to “get rich” is approaching soon. He added that we must overcome a major crash in real estate, bitcoin, gold, and stock prices before markets start climbing for years in late … Read more
