Buying, Selling Gold And The Taxes

We Indians are emotionally attached to Gold hence we accumulate gold not only because of its high traditional value but it also scores the highest in terms of liquidity, compared to all other investments. But, have you ever thought about how much taxes are levied on buying and selling Gold? Though, approximately 90 per cent of the gold jewellery traded…

Is August The Golden Month For Gold?

‘Gold Is Gold, Never To Be Sold’. And truly, since ages Gold has been one commodity which has managed to beat inflation and give higher returns apart from the usability quotient. Gold as we all known holds a lot of traditional, religious and also some prestige-related values in India. People buy or gift Gold during ceremonies or as an auspicious…

Gold Prices Going Downhill, Is it Time to Buy Gold?

After a fairly positive start to the year, Gold prices have been declining off late mainly on two counts – one the US Federal Reserve decision to cut stimulus for the US economy by another $ 10 billion, and the other a technical sell signal as per the daily charts. At the start of the calendar year the forecast was…

Daily Round-Up of 25 March, 2014

The markets clocked a new high for the second straight day on market participants mainly in the futures and options space continued to hold their long positions. The derivatives expiry is scheduled on Thursday, post which the markets may witness a fresh trend. Today, the Sensex bounced back sharply from the early morning blow which it suffered due to negative…

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